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Background: a couple years ago my brother had his wedding rehearsal dinner at a winery near my mom's house. We only knew about it because a friend of the family lived on the same road as the winery since the current o...
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Two late student loan pmts made in 2015 are hindering my mortgage application from being approved. All other pmt history on student loans has been current and some credit card debt which is current. Not sure how to ...
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Hi All,Debating a HELOC on my primary residence to obtain funds for a downpayment for another rental property. Does anyone know if the heloc interest would be deductible under the new tax reform given this situation?...
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Hello BP! I'm only 20 years old with a car loan and I'm slowly establishing my credit, however, my partner already owns a few properties and is financially stable. We haven't pulled the trigger on anything because we ...
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Hey there, if you buy a home as an investment property, and the lender allows a seller credit to be no more than 2% of the purchase price, what options do you have for the remaining amount?I know that you can reduce t...
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Hello all, We are in the Oklahoma City market (and some surrounding markets) and we are currently sitting on 4 renovated/listed properties. We have never had to hold properties as long as we are now. The problem we fa...
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Good morning All,My mom owns a 4-plex in the Bay Area. She is currently living in one of the units. Zestimate according to Zillow is over $1.2 million. It's a 11 bedroom and 7 bathroom. Current mortgage amount is $290...
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Please check my Math
When analyzing rental properties I use the BiggerPockets Rental Property Calculator. It is an easy tool to use and it can quickly show if a deal is worth pursuing. Assuming the deal is good, you ...
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Hello BP Family! My name is Ronald and I'm going to jump right into it.I'm currently looking to secure a joint loan with myself, my mother and fiance for a property in Houston, Tx. A little about our situation: I h...
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Hey everyone,
I've come across an opportunity where the seller owns a large house and also owns a vacant lot adjacent to the house and is trying to sell them as a package deal. This deal is pretty enticing to...