Aaryan Patel
Does the BRRRR method still work with commercial properties?
Does the BRRRR method still work with commercial properties such as apartment buildings, and other large multifamily properties? Why or why not? Do you need to pay all cash for a deal in order for the BRRRR strategy...
Enrique Rivera Jr
Condemned Home Section108-Unsafe Structure & Equipment Buildings
Hello B.P, I currently live in Westchester county N.Y. I’ve come across a property that I believe has potential. It’s a duplex, 2br 1ba for each unit. The listed price is $350K, which in this particular neighborhood ...
Alex Pino
How long do you ACTUALLY have to live in VA Loan home?
Hey, so I have heard everything under the sun with this question. Some say the 12 months no matter what, others say if you have a reason to leave, even as small as disliking you neighbors you can leave in roughly 2 mo...
Roger Leonard
203K Loan Real Estate Commission Issue
So, my friend is closing on a "Officer Next Door" (half price) property via HUD in Los Angeles. The house needed repairs so the standard hud loan did not work. He was placed into a 203k loan. He is about a week from c...
Dee Georgian
Lender Wants repairs made prior to closing
Coming into the closing scheduled for next week on a single family home and the lender hit us with some repairs required prior to closing, or place money in escrow yesterday based on professional licensed contractor q...
Raymond Berwick
How much should an investor get?
I’m looking to buy my first multi family. I think it would be best to have an investor. What is a fair percentage for the investor? I plan on finding the deals, doing any rehab that may need to be done, and managing t...
Jeffrey Bradshaw
Difficult time finding a lender to do cash out refi on primary
Hi everyone!! Recently I've been trying to do a cash out refi on my primary home in Virginia. The problem I'm running into is the fact that I purchased several short term rentals earlier this year and have been told b...
April Conaway
Just starting out - question about taxes and depreciation
My dad and I are partnering up to buy some rentals. He already owns 2 small SFRs and a 4-unit apartment. We found a bundle of 6 SFR and are currently under contract. We are both contributing 50% of the down payment. W...
Paul Allen
$271,779 in Passive Losses Disallowed by Tax Court
As has been pointed out often on this forum - you must meet strict criteria to claim to be a real estate professional. Claiming that status when you do not meet the criteria can cost you a lot of money...M & M v. ...
Jean Carlos Pichardo
First Time Buyer - Duplex House
Hello everyone,My partner and I are new to the real estate scene and are currently in the process of submitting an offer to a multi-property in Essex County, New Jersey. The house looks in good condition and is listed...