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Hi BP - We're debating selling our primary home or renting it as we're moving to a new primary. We currently owe $222,000 on the property, our monthly PITI is $1,282 (a 2.375% interest rate) It would rent for $2,000/m...
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What is up BP?!
Scenario here to get some input on:
I plan to purchase a quadplex(a tri might be okay) in 2023. I moved in June and a few lenders have told me to hold off when I asked about loan options because one ...
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Has anyone ever sold their primary residence to their LLC and then rented their home back from their LLC? I was thinking this could have some fantastic tax savings by expensing home maintenance/utilities/insurance, e...
Hoping to pick your brains about the best course of action here.$135,000 remaining on Primary home @ 3.75%$165,000 remaining on Investment property @ 4.25%Both properties are in North Carolina. Investment property is...
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Hello BP community! I'm a newbie investor but I'm so excited to get started. I've got about 50k in capital. I want to start an LLC and start buying rental properties. My question is if I'm am LLC buying my first or ev...
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My house is for sale and I should make around $100k from the sale. I want to start investing in rental properties build portfolio. I have about $28k in debt that needs to be paid off as well. Now here’s the question, ...
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Long time listener, first time caller. First property was primary residence but I am focused on acquiring a 2-4 flat income property with the goal of cash flow. Primary residence was a foreclosure. In the first year I...
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Hello BiggerPockets Family,I’m a first time home buyer currently under contract to purchase a condo in Atlanta as my primary residence. I’m new with my nose wide open in regards to having real estate as an asset and I...
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This is long overdue but I decided to post an introduction since I have big goals this year and could use some help! My very first investment was the purchase of my primary home in 2011... I didn't know it at the time...
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Hi Bigger Pockets, Military investor here needing assistance. Thanks in advance! I’ve ran the numbers on multiple calculators but I’m still not confident I’m analyzing my 3 properties correctly. Bottom-line is tha...