![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2645365/small_1694569303-avatar-muhammada143.jpg?twic=v1/output=image&v=2)
Hey Guys!I got pre-approval in December but could not close the deal and now I applied for another pre-approval last week for new construction that I found but it will probably close by august or September. That means...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/6582/small_1621347818-avatar-newbie321.jpg?twic=v1/output=image&v=2)
here's a dumb question I feel like I should already know the answer to but do I need to purchase Business Insurance if I am going to rehab properties or just insurance for the actual rehab-builders risk, vacant dwelli...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/227201/small_1695671938-avatar-mrsire.jpg?twic=v1/output=image&v=2)
Hi you guys! Here is our situation. I went on disability in 9-3-2010. We had to use all of my pension to make ends meet. I am 54, and Joanne is 61. Joanne has not invested very much at all at her job. We own our house...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/357545/small_1621446408-avatar-austinrc360.jpg?twic=v1/output=image&v=2)
Hello everyone, I am new to posting on BP, this is my first post in-fact. I apologize in advance if this is a bit lengthy but I have several questions for those more experienced. I am a newbie investor in the Savann...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2847286/small_1704498153-avatar-jodeyr2.jpg?twic=v1/output=image&v=2)
Hey there, BiggerPockets family! I'm Jodey Rifenburg, and I'm thrilled to join this incredible community of real estate enthusiasts and professionals.
A little about me: I've been deeply involved in the world of real...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2525423/small_1695423243-avatar-laurens241.jpg?twic=v1/output=image&v=2)
I’m really interested in this! From what I watched from Jerry’s video is that he provides his actually bank statement, not just his proof of funds letter to close a deal. Instead of using an assignment contract you’d...
I am trying to figure out how my accountant has accounted for expenses associated to my non-rental long term homes.
Say at year end I have 5 homes n inventory and sold one house I had held for over 1 year
Furthermo...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/192348/small_1694677143-avatar-summerrae.jpg?twic=v1/output=image&v=2)
http://www.pategan.net/AOS.pdfHere's a link to the contract I'm using. My issues are on Page 5, and 12Question about how to fill out the Sales Agreement. The property has a private, on lot sewage system. "B" STATUS ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/584210/small_1694579647-avatar-pinaki.jpg?twic=v1/output=image&v=2)
Hello, I have never bought any REO property before, so I was wondering if it makes sense to use a realtor to do it? What I mean is, I have found a REO property myself (without realtor involved yet) and talked to the b...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/758943/small_1621496794-avatar-lucasa10.jpg?twic=v1/output=image&v=2)
Hey BP,
These will likely be silly questions but I'm a noobie having a little trouble finding answers online. we plan on hiring a CPA, but I'd love to understand some of the basics. My brother and I are 50-50 owners ...