Eric Perez
Creative financing help
Recently purchased my first two rental properties. I was told that I have to wait two years before I can purchase my third home. I was also told that the two houses count as a liability and not an asset until I have ...
Alfredo Cardenas
Reps Status (via wife) & Material Participation to offset W-2
Hello, Anyone has experience using REPS status via their wife or husband to offset W-2? MY 2024 W-2 will be more than $300K and this year (2024) I married a real state agent. I have been reading a lot and educating m...
Danielle Thompson
$100,000 down payment but no full time job
My husband and I sold a duplex during the summer that profited us $100,000. He also lost his full time job during the summer so we don't have a steady income anymore (though we are actively looking for one in his line...
Donnie N.
Meetups - West Side or the Valley for out-of-state investments?
Any good meetup (in person or virtual) on the West Side or in the Valley for investors dealing with out-of-state deals? Looking to see if there are any good groups out there that are investing in out-of-state. Primary...
Sean Ploskina
maximum Fannie/Freddie loans now 10?
After speaking with a friend who is a loan officer at Wells Fargo he told me the maximum loans has been raised to 10 loans. Does BP Nation have any info on this? Are their any new restrictions on these?
Griffin Malcolm
First House Hack Complete
Hey all, just completed my first home purchase this May at age 24 and wanted to share! SFH 5 bedroom 2 full bath in Schenectady, NY. Mortgage is around $1650. Home equity loan to repair the roof, collapsed pipe in the...
Mike Lauer
Bedroom in the basement? ARV Question
Hello BP,I'm trying to understand the impact of adding a 3rd bedroom in the basement -- to a 2BR house -- for appraisal purposes. This would be in the context of buy-and-hold, with a cash-out refi after the addition o...
Ross Drucker
Refinance Conventional Mortgages to Commercial Mortgage
Hello all,I've been a member and viewer on BP for a while, but this is the first time I am seeking some help. I currently have 3 conventional loans on 2 rental SFRs and 1 two-family rental. I'm reaching the limits ...
Kevin E.
First time poster from Southern WA (Portland, OR area)
Hello all. I just wanted to give an introduction and see what advice is out there and potentially meet others in my area. I am trying to get going with RE investing and don't quite know where to go or if I am just a...
Steve Babiak
An interesting concept for tenant selection process
I just came across this link that might be worth considering when choosing a tenant. http://www.quora.com/What-are-the-most-interesting...Read the comments posted there too. Basically, evaluate 37% of the pool of appl...