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Quick question for you folks. Say a property was purchased in 2011 as a primary residence, was placed in service as a rental in 2016, but was also refinanced in early 2016. How would you go about calculating your cost...
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I'm a long time lurker finally getting ready to start making a move and getting that first rental property.
Being a NYC resident (originally from Long Island), the price of entry in the area is on the higher end, so...
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Hello Bigger Pockets Community!
My wife and I are new to the community. Our background is in engineering, and we are both currently working in the supply chain field. We live in the Miami FL area, and we are passiona...
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So here's the situation:
1) Non-owner occupied.
2) 1st and 2nd TD.
3) Not delinquent on payments.
My questions:
1) Is a SS possible w/o being delinquent?
2) Property is in CA- is a deficiency judgment possible on e...
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Assuming the market crashes again, both the property and the rent is going to decrease by significant amounts. Hence, should i buy a property based on its potential value? Or based on its actual rent, during that cris...
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Hi BP community! First of all, I'd like to say thank you to everyone out there for providing great content and feedback on these forums and blogs. I've definitely learned a ton just by reading and listening to the BP ...
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Hi BP Community ,I have purchased a property in PA as individual ownership. I am looking to transfer it to an LLC through quit claim deed. My bank is OK as long as the owner of the LLC and and property match 100%.does...
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Hey BP, been learning a lot about seller finance, subject to, and all that good stuff.Just want to confirm something here.When seller financing vs traditional sale, one of the perks to the seller is that they don’t ta...
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I have the following case, numbers are made up, but the situation is real.I purchased a house in 2021, rented it out, in 2022 I demoed it and build new, finished construction in January 2023 and rented out almost imme...
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We all give advice that may be considered good or bad depending on perspective. Very often an issue has two different opinions and sometimes two people can have different views. That is fine and totally understandable...