Tze Chiam
Tax deduction on lodging expenses while searching for an investment property
Hi all, I recently booked an Airbnb using some Airbnb credits (that originally came from a gift card) in my account while searching for an investment property. Since the stay was booked through account credits (instea...
Jason Malabute
IT'S OK TO FOLLOW UP ... YOU'RE NOT BUGGING ANYONE
When following up with a seller a common limiting belief is that you don't want to be a pest to the seller.Did you know 80% of sales happens between the 5-12th contact?If you're looking to convince someone to sell the...
Scott Hershberger
My First Flip (Michigan)
TL;DR - before, during & after pictures are available here along with the listing link: https://www.facebook.com/HMCSolutionsLLC?ref=profile
I purchased a 2/1 SFR from a County tax sale, the property is l...
Ben Capone
Personal Loan for down payment
Hey all, exploring some options for a personal loan to get a down payment on a place I am looking at. Has anyone had luck taking personal loans out for down payments? Or any other good options I can explore? Looking a...
Mindy Jensen
What "over the top" thing do you do for your vacation rentals?
I'm in the middle of a big road trip with the family, staying at multiple AirBnB's along the way. What "extra" amenities do you provide to make the stay special?@Paul Sandhu, I already know yours.
Connor Mckelvey
First Deal - 8 Days to Close and my Lender is Dropping the Ball
Hi BP! My Name is Connor (long time lurker, first-time poster) and I'm just about to close on my first Investment property!I'm in a very frustrating situation with my lender and this noobie could really use some advic...
Roxanne Lembke
Financing a Property using Family Funds for Downpayment
Hello BP friends!
How might a mortgage be structured if I qualify for the mortgage but I have family who would like to partner on the transaction by contributing the downpayment (20-25%) Can you go conventional on an...
Jia Liu
How to handle the down payment when partnering with my sisters
Hi all!
I have two sisters who have the money to invest with me. I have no money at all. The idea is that they put in the money for down payment, and I do all the work including getting the mortgage under my name. We ...
Bridgette Procter
Investment property down payment gift from spouse?
My husband (not on our personal home mortgage loan, just me) is attempting to purchase and investment property. The broker he is working with says he cannot use the 9K from the HELOC on our primary residence as a down...
Matt Dittman
Creative options for a new, temporary primary ultimately for son
This is sort of a long read and not exactly a simple situation, so I apologize in advance.My current situation: I owned my house outright, until I got divorced last year. I needed to pay off my ex in the settlement, s...