Eli Kallison
Keeping personal & rental expenses separate (How to fund rehab?)
Hi BP,I am just realizing the importance of keeping business and personal accounts separate. My plan right now is to open a checking account and a credit card just for real estate expenses. I currently own 1 multi-uni...
Will Browm
Selling furniture from purchased home
I just put my second cash purchase home under contract. Very little rehab, less than a week. I found the home through tactics mentioned by several successful folks on the forum. The family sold me the home fully fu...
Corbin Coombs
Interested in Learning the Business and Wholesaling in Baltimore
Hey BP family, my name is Corbin Coombs and I am from and currently live in Baltimore, MD. I am a recent college grad in the current state of a "career crisis". I currently work in healthcare and I have quickly realiz...
Steven N Nelson
Buying a property for separated spouse to live as a first invest
Newbie investor here looking for any flaws in a plan that came to mind. My spouse and I have recently separated and she is looking for a better place to live but cannot afford down payment for loan. I was thinking o...
Adam Roache
15yo Interested in Real Estate
Hello, everyone!I'm a 15-year-old teenager from Virginia who's interested in a real estate investing career when I'm older. I realize I still have a few years until I can actually start doing anything - I'm not even 1...
Matthew Koch
Finding the support to fund my own deal for sfh into rental!
So my middle credit score is 614 my high is 652 my low is 638.I have to have a 640 for an fha loan and it's looking grim before being able to fund this deal before the end of march. I know I can qualify for that loan ...
Dan Gongora
how to purchase "cash"
Good morning BP community,
I'm currently investing in 2-4 unit properties but I'm quickly realizing that in order to be competitive in my market I have to be able to offer cash. My current strategy is house hacking wi...
Dean Valadez
Question on write-offs and do's and don'ts
Can I:- Purchase clothes (pants, shirts, socks, coats, jackets) that I would wear for doing renovations/rehabs and write them off? - Shoes, boots?- atypical tools, such as a knife or flashlights?- iPads or other such ...
Scot Howat
Am I taxed on the cash back I received at time of purchase?
I'm considering buying a property to fix & flip where I'd borrower 75% of the purchase price from a commercial lender and the remaining downpayment (25%) and rehab costs will be wired in by a friend from his IRA.A...
Logan Crowder
Spreadsheet Analysis Help
Hello all. Hoping some folks can give their two cents on the spreadsheet I built out and advise on any errors. The specific section of concern is the 10-year holding period summary.
This example is demonstrating buyi...