I am brand new in this game. A little advice appreciated. I have about $30,000 equity in my home that I will use toward down payments on multi family units. Would it be better to buy one newer, nicer maybe even bigger...
Good morning! I'm looking for some suggestions regarding how to refinance out of my current 5/1 FHA loan that we took out when we bought a two-family investment property. We did the FHA so we could keep the cash for...
Okay, so I know much of the advice out there says to leverage your primary home to increase your capital for buying properties. I'm considering going a different direction and paying off our primary home to increase c...
Hello BP,
I'm looking to do a cashout finance for a duplex and single-family home. Both properties are owned through two separate LLCs. I was recently working with a bank that came very close to approving my loan but...
Good Morning BP!Im looking to buy my first property. I want to house hack a duplex and live in one side. Im curious what you look for when analyzing a duplex to owner occupy. Im in a rather expensive city but future a...
situation: Friend is considering giving another friend a house, they have no family relation (but are close like family-obviously) ..... before proceeding they're both asking if there is a gift tax or any tax implicat...
Hello, my name is Daniel Haro. I am 24 years old and interested in acquiring my first rental property (single/multi family) in the northern VA area as I am under the impression that it is a strong market. A family mem...
My name is Jayson, I was raised in Idaho since I was 12. At 18 I joined the Air Force and was stationed in Korea and then Italy. I then got out of Active Duty and joined the Washington National Guard. For my civilian ...
I am looking for some clarity on the REP status. My main source of income is a full time W-2 job with a custom home building company (S-Corp). I am part owner of this company. I also have multiple investments as an LP...
Hi all,
Have my property up for rent (I live in this one still, moving out next week), and have had a rough time with applicants, looking for any feedback. We have had 37 inquiries, at least 15 tours, and 5 applicati...