Virginia Marphis
Has anyone Successfully Converted a SFH to a Duplex?
CONVERT SFH TO DUPLEX? Currently we are buying a property listed and shown as a duplex. It has not been officially convertedShared Utilities (No separate Electrical Box or Meter)Walkout Basement is one unit and origin...
James Hatten
New to investing and new to this site
Hello, my name is Jim and I'm new to the Bigger Pockets site and new to Real Estate investing. I live in Burlington, Ontario Canada so if there are any other Canadians on here it would be great to hear from you as wel...
Tarik Larue
2 Units with 1 thermostat?
Greeting BP family,I recently bought and rehabbed a 2 unit townhouse with separate electric and gas meters. However there's only 1 water heater and 1 furnace to heat the water and radiators (its an older rental). The...
JD Barrera
How do conventional loans work in a partnership?
I was wondering how conventional loans work when in a partnership. My partner and I both have good paying W2 jobs so theoretically, we should be able to get 20x (10x each) conventional loans. However, talking with a l...
Peter Sik
Tenant is leaving after 3 months of rental
Hi all, The tenant has informed me that her company is closing down. She has received an offer from a company out of state and will have to move during March. I would like to hear your advise on else should I do and t...
Kelli Standekar
Potential Purchase (Land + 2 Trailers)
Hey BP Community,I am considering offering on a property in my hometown (Colorado) that currently has 2 trailers on it (owned by others) and I am seeking advise on what to do, or If I should make an offer at all. My w...
Mike Geier
Tax Structure? and has anyone used Turbotax for Business?
I'm closing my first deal at the end of this month. I'll be doing all transactions from a business account set up under my LLC.Any recommendation on whether I should set up my LLC tax structure as a sole proprietorsh...
Amily Yi-Chieh Tseng
How to make an offer in this case?
If a property is listed for $450K, I'm pre-approved for $410K, but I do have a HELOC ($140K) to utilized and cover both the DP and the $40K difference, how should I put it on the offer? Would the mortgage company hav...
Keith Manchester
[Calc Review] Help me analyze this deal
Any tips would be great!View report*This link comes directly from our calculators, based on information input by the member who posted.
Sarunas Siauciunas
Hi Everybody! In need for advise!
Hi, I'm looking for advise. I found a deal that makes sense to me. The deal is for $118,000 and its in foreclosure. The property will need about 50K on rehab, the taxes are about $3500/year. Minimal rent will be at le...