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Hey BP,I am a landlord looking to expand in rental properties. I've done it the traditional way of using my credentials; credit, job/salary, personal info. to getting a FHA loan. Although, initially the property was f...
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Here is my situation, I did a mail out and got a guy to call me about his home. He is wanting to sell it but the property still has the original mortgage on it. He estimates at about $250,000. The lender started the f...
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So this is a multi-tiered question...Working on our very first deal, negotiating with an elderly couple and would love to work out an owner-financing situation to then BRRRR. Any tips to negotiate, and keep it as simp...
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Biggerpockets fam,I want to create a series LLC to buy property in Reno NV. My intent is to buy one property in NV and more in a different state.However, I'm curious if it would be better to just create a regular LLC ...
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My partners and I were just given a W-9 by the organization that pays our tenants rent. We have a DBA and an EIN however we have not officially formed the Partnership and filed paperwork with the state (Maryland). We ...
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What are your folks thought on this? I'm someone that wants my portfolio to be primarily RE, but I stuggle in how to allocate funds between Roth and traditional IRAs, SDIRA, and 401k. I have normally done Roth IRAs on...
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Hi BP friends, My husband and I are saving up to buy our first property next year. We are planning on buying a 4-plex with an FHA loan, and then house hacking it for a year to save up for our next property. We are t...
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Hello everyone,
I had a question regarding finding the owners to negotiate a subject to. Some of the properties I have gone to have a realtor sign on them even though they are 1 week from foreclosure. Here's the que...
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Hi everyone,
I've been lurking the board for a few days and never really thought about real estate until the past few weeks while searching for a home for my family and I.
I happened across a house that looked aban...
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Hello BP,I’m just learning about 100% bonus depreciation and how Trump pays no taxes… who qualifies for that? Does the property need to have an LLC in place? Does it matter that I purchased with an FHA loan? Do you ha...