I've heard that FHA loans are a good place to start for beginners because of their low downpayment. However, I'm confused on how lower down payments help those with limited capital because the monthly payments are con...
Has anyone had any luck in lowering their insurance premiums by providing the leases, that include a long list of safeguards, to their insurance company? Safeguards would include verbiage like; no grills, candles, ope...
I sold a rental house in 2015 for a 55K gain (after subtracting costs of sale, upgrades, etc). Depreciation recapture was painful. When I finally got a TurboTax Premier and modelled the sale, I was surprised the gain ...
Let me know if anyone else has done something similar.
I have a property in a c class neighborhood, and I had increased the rent on this door to $850 a month last year. Found a reasonably good tenant with 2 children,...
Hey BiggerPockets community! This is my first post so not sure if I'm in the right spot. Basically, I've only ever bought turn-key single-family homes and I'm trying to level up to multi-family. My area is really boom...
Hello BPers! Thank you to all of you guys with experience who share your knowledge on a daily basis!
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I currently have an offer in on a duplex in a coastal community and the duplex is a top/bottom duplex. ...
Got an offer on a house, and the buyer is using a VA loan. We had an appraisal done to determine the listing price of the house, and the buyer is offering full price. The buyer's agent mentioned that we may have to re...
Here is my current situation:30-yr fixed at 4.25%, current loan amount $166200, monthly payment $1115 (PMI included), condo purchased 9/15Refinance terms:30-yr fixed at 4.25%, loan amount $172793, monthly payment $100...
Hello everyone, this is a newbie here. Me and my partner are ready to venture off into the world of flipping and we are already well on our way. We have our company or LLc and we are already talking to one or two peop...
Hello!Thanks in advance to anyone who can offer some wisdom on this situation--Been racking my brain on ideas but wondering if it's even worth it. Thought I'd ask some of you great BP folk if youHere are the details! ...