David J.
Do you trust tax returns? - need advice
Working on buying a 20 unit apartment building. I thought all the numbers made sense on my detailed pro-forma estimates. It was hard to lose with this thing. A cash flow beast! ... then I see last 4 years of owner tax...
Peter Tverdov
Underwriter Headaches
I am going through my worst experience of my young REI career so far. I imagine some of you have had massive stress and headaches from underwriters so before I whine and complain I'd like to hear an airing of grievanc...
Benjamin Sulka
FHA 203(k) Loan Details
First I want to say that I'm not a lender. The information in this post is based on research that I've done on Google and BiggerPockets to learn about the FHA 203(k) loan. Writing this out helped me internalize the in...
Luke Texidor
Joint Venture
Hey BP,I am looking at a possible deal in Los Angeles county that would be more beneficial to both the seller and I if we joint venture. The house will not be able to be financed conventionally due to the condition of...
Josh Sartori
Loan Approval: Sweat Equity Report
Good Morning BP Community, I'm currently working on getting approval from my lender to purchase my second property in Chicago (Logan Square) and will be doing so using a loan with 25% down, 10% percent being cash and ...
Gerardo Castillo
What would you do with $100K to invest?
Hello, I am new investing on real estate in the US and I would like to know what would you do if you have $100K savings for invest in real state?Do you do it through a LLC or as a personal owner? How you could make th...
Patrick Philip
What is your method of finding value add apartment complexes?
I only know LoopNet and similar sites. I rarely see any multifamilies through my wholesalers.
Deborah R.
Is Bonus Depreciation Worth the Audit Risk?
For 2022, my husband met Real Estate Professional status. I am a high income W2 earner. We filed an extension for 2022 taxes and are just finalizing them now. Our CPA says that if I cost segregate and bonus depreci...
Sol Romand
Recreational Marijuana Commercial Tenant in NJ?
Hi BP members!Anyone know anything about recreational marijuana dispensaries from a landlord concern? I own a vacant commercial medical office in South Jersey and was approached by a realtor to rent out to a dispensar...
Richard Lincoln
Cheapest way to "refinance" 1st in subject-to transactions?
I buy lots of second mortgages and occasionally foreclose on the properties. I end up getting title to the properties subject-to the 1st mortgages. Well, then I get in to a pickle because sometimes I'd like to keep th...