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Results (1932)
Mike S. looking for a lender to do a cash out refi under 50K
24 May 2016 | 10 replies

I have a property I own free and clear and want to do a cash out refi for around 40k. Should appraise for around 60k I am past the 6 month seasoning period. I have found a local lender that can do it but the closing c...

Hunter McDonald Is it wrong to convince tenants to do house maintenance?
24 December 2019 | 8 replies

When I was still renting from other people I had a landlord that would always seem to find a way to convince us to do repairs around the house ourselves, such as fixing a toilet or the washing machine. He was a pretty...

Lena Claybon BEWARE: Lender Scams!
15 February 2023 | 7 replies

Hi All, I don't know if this is a big problem on BP but I know of a LOT of cases where its happened in my FB groups. PLEASE beware of lenders with "gmail" addresses (mostly) saying they can get you 4-5% loans for your...

Kelly G. Tax Q: do I need to calculate/pay recapture depreciation?
16 April 2024 | 7 replies

Hey - I thought I was in the clear - but perhaps not (was about to file my taxes . .  ).  here's the shortest version on my situation:1) bought a house for mom in 2005 - she lived there til 2011 (not nearly long enoug...

Meghan McCallum How do I structure private money deals?
21 November 2016 | 5 replies

Hey there BP!So, it has come to the point in time that I want to begin offering up opportunities to invest with my company. I don't need the loans, I have cash to work with and banks willing to lend me money pretty mu...

Jack Lee Financial Due Diligence?
13 July 2012 | 10 replies

Can someone explain a little bit about the financial aspect of Due Diligence?

Christopher Pound Recasting a mortgage loan - question on strategy
19 April 2019 | 3 replies

Hi everyone,New investor here, relatively new poster, longtime lurker, lover of all things RE. I have a question about recasting of a mortgage loan, for any of you financing experts out there.Acquired my first 2 renta...

Dave Schimmels Rental comp calculation
3 January 2025 | 6 replies

What is a good way to get accurate rent comps with existing tenants based on the area? I have a duplex in cleveland with a combined 2,336 sq. ft. Are the comps from the Bigger Pockets per unit figures? Each unit is $7...

Drew Vukov Anyone ever use a TSP loan to purchase a rental?
28 August 2019 | 34 replies

TSP is the Feds 401K. I have been considering taking a loan out to purchase a rental property free and clear. The problem is loan repayment term is 5 years, which pretty much kills any cash flow. The interest rate is ...

Account Closed landlord's will need to prepare 1099s
26 June 2011 | 72 replies

Under the new legislation designed to help small businesses was a small add on that is now going to require landlords to issue 1099s to any contractor performing services like repairs over $600.

http://www.allbusines...