Good morning everyone! My name is Andy, my wife and I are saving up to buy our first property/house. By the time it is February 2022 we will have saved up a minimum of $42,000. Right now we currently live in San Diego...

For an investor who is house hacking which loan option is better? Conventional or FHA. I learned that typically for FHA you can put down 3.5% but for conventional you can put down 3%. For the FHA you get charged twice...

Hello.I only have 20k saved up so far and have an income of about 4k/month after taxes/expenses.I am around Los Angeles, CA and all the housing prices here are riduclously high. A 2 bd condo goes for 400-450k (and ren...

I am 19, Currently in college, have a 790 TransUnion score, never missed a payment on any of my debts/loans. School is all paid for by scholarships so all my debt is in 4 rental cars that my parents helped me co-sign ...

First time posting on the BP forums so please excuse the green behind my ears, but I appreciate any and all insight here!I'm looking to purchase a first residence in the Providence, RI area for house hacking purposes....

Hello Everyone,I am a first time investor and CPA from California working to start my investing journey by investing in multi-family properties. I am considering out of state investing opportunities, and would like to...

Hi everyone!I'm about 7 months into my first house hack in Chicago and it's going great! It's only a duplex, so I'm not quite living for free, but I will cash flow about $250/door once I move and rent out my unit. I'm...

Greetings BP,Long time lurker, first time poster. I've been renting in Chicago for 3 years, and I am ready to make the move into a home purchase.Objectives:Buy multiunit building and hold for ~10 yearsStay near lakesh...

Forgive me if this has been asked before. I have searched and haven't found anything.

I am trying to figure out all of the tax pitfalls when it comes to using a home equity loan to purchase additional rentals.

Her...

I talked to my friend the other day and he told me his landlord owns 230 properties. I understand if your a millionaire it would be quite easy to attain such an amount as that. But if you weren't a millionaire, is ...