Alec McCaa
Multi-family Networking Inquiry
Howdy! My name is Alec and I'm aspiring to buy and rent out my first house in 2025. I have no debt, a good stable job making about $60k+ gross, and $20k saved up with about $10k in my 401k that I'm thinking about usi...
Kassi Chappell
Tax implication of refinancing main home for granny flat rental
Hi BP,We are looking to do a cash out refinance of our primary residence (no outstanding mortgage). Half of it will be to convert our garage to a granny flat for STR. My understanding is that the tax treatment is the ...
Michael Vallee
Commercial financing question
No longer amongst the "W-2'ers" - living on rental income and capital. (Due to circumstance - more so than some freedom walkout retirement announcement)
When applying for a commercial loan - I've read that the loan i...
Kase Knochenhauer
Why does not one talk about Solo 401(k)?
I considering opening a solo 401(k) for our new long term rentals. Why aren't more people talking about this and instead refer to a Self Directed IRA instead (even though it seems leveraging a Solo(k) offers more oppo...
Jacob Thomas Steelman
Debt/ lending/ Strategies
Hello, relatively new investor. I've been researching strategies, flips, brrrr etc. My question about getting loans with debt. It seems if you build doors, you stack debt. Obviously your renters are paying for the pro...
Daniel Conway
Looking to make my first move and want to do it right!
Hi All,I've been reading up lately on real estate investing and think it fits my life goals for being financially independent. I've been talking to some people locally but was hoping to reach out to the BiggerPockets...
Joe D.
Should I put my wife on the mortgage?
Hey all,I'm about to buy a new home for my wife and I and am wondering about any benefits/cons to putting her name on the mortgage with mine. I was originally thinking it could benefit us to have just my name in t...
Bill Hill
Interduction, and looking to rent in maine.
Hello My name Is Billy. I'm a 38 year old married male. with two 40lb dogs. I have been on b/p's off and on over the last four years or so. I'm now back and a registered member again. Please feel free to ask any que...
Raymond Greene
Debt to Income Ratio
Hey BP community! Question- Does my current lease payment for the apartment I am renting impact my DTI for an investment property I plan on purchasing? I have no intention on living in the property so it wouldn’t be a...
Account Closed
Seeking Clarification On Leveraging Debt
Hi All,I am a new investor trying to figure out how to stretch my money out the furthest and I still can’t quite grasp the concept of leveraging debt. Here is an example that I would like to be corrected on:1. Let’s s...