Hello BP Community,
I live in the Bay Area, CA and own a couple of rental properties. A couple of years back I bought a 0.5 acre land with cash for Multi-family construction. At this point in time, I am trying to fig...
So long story short - I've agreed to terms from the seller to purchase a parcel of land in a rural area. The land itself is fine - wooded but flat, zoned for residential building, etc. However, the only way to access ...
Hello Bigger Pockets Lenders and Investors!I wanted to see if anyone has experience with the new HomeReady mortgage program.http://themortgagereports.com/18653/homeready-mortgage-guidelines-interest-rates/In addition ...
Hi, I'm working on getting a HELOC on my own personal residence. I own 4 rental properties in LLCs in two other states. I'm wondering how a lender factors these rental properties in to my ability to get a personal HE...
I came across a condo that has an HOA of $90/m in Milwaukee. The $90 covers lawn, snow removal, water. There is no budget/reserve money for CapEx. Each resident has their own water heater and HVAC that they are respon...
I closed on a sub-ground condo less than a month ago. Last week I found a damp area in one of the bedroom closets. I’m anticipating that it may be due to a crack in the complex’s foundation, since it is localized to a...
Has anybody ever done this?Was listening to a Tax Podcast talking about potentially doing this via residential housing. Would be smaller in scale, less residents per caregiver (better quality of care), and less headac...
I have my primary residence on the market now, but if it doesn't sell the way I'd like, I may have to get creative. I say "the way I'd like" because I have a certain amount of equity I want to get out of the home. Wha...
Have a tax related question about capital gain tax exclusion for primary residence (which was converted to rental in 3 years). Year 1: Primary ResidenceYear 2-4: Rentalyear 5: Primary ResidenceIn this situation, I do ...
My husband & I bought a 4-BR home for $75K cash in 1988, and over the next 15 years put $50K+ into improvements, including construction of a detached home office. We took the home office deduction for several year...