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Hello BP!My name is Chris and I am a new member from the Mid-Cities area of DFW. I'm looking to learn as much as I can from this site and its members. My goal is to one day be able to achieve financial freedom and b...
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So my mom and I have one rental. We want to start flipping. In 2016 we used an accountant to do our taxes and ended up spending 10% of our income from the property. Obviously this isn't affordable so in 2017 I did the...
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I'm interested in buying my first owner-occupied rental property in 2016 using an FHA Plus loan as a way to house hack my way into real estate investing. I want to purchase a property using an FHA Plus loan because it...
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Hello everyone!Just a couple quick questions about making my building a corporation... Is it worth putting an LLC on a three family?How does this affect my taxes? (Do I need to pay myself like it's a salary?).Is there...
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I had a great day yesterday and spoke with some new buyer clients about the market! They are incredibly excited to buy a home!!What are you seeing these days with your buyers... more so dread or excitement? And why do...
Need advice on where to start
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Hi BP! My name is Simone Slade and I'm a newbie out of Brooklyn NY (Jersey girl at heart). I've been on BP for a while but never jumped in. I'm in the process of searching for my FIRST buy and hold multi family in the...
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I bought my first home to rehab and flip. Below are the Numbers.
Purchase price - 49k
Rehab cost - 46K
ARV - 126k
I paid cash for the house and all rehab costs. If I decided to not flip and ...
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Heloc versus Commercial Line of Credit in Maryland- Recourse or Non - Recourse loansHope all in the community are well and navigating safely during this moment in time.I had questions as trying to free up some cash fo...
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Hello all! I am excited to be here and this wonderful opportunity to learn from this great community of REAL PEOPLE in real estate investing. I have investments outside of the US but is looking forward to start here s...