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Results (6871)
Rick S. Personal property converted to rental
10 March 2013 | 3 replies

We made improvements to our personal property in 2011. We began marketing the property as a rental in mid 2012. Can we add the improvements made in 2011 to our cost basis for calculating depreciation?

Ryan Payne Phoenix 203k Questions
27 May 2020 | 4 replies

Any tips as I start the 203k process? Also, Searching for great lender that’s familiar with these loans since I have read they can be complicated.

Drew Prawel Changing address on HELOC statement
25 May 2017 | 1 reply

Hi BP community - first time investor/participant here, so I'm not sure this post is in the right place, but here goes:I got a HELOC on my previous primary residence which is now my investment property to use as a dow...

Matt Gragg Best way to get money from a house that is paid off?
23 April 2017 | 4 replies

Interested to hear the best way to pull money off a property that is paid off.Heloc?Mortgage?Or?The plan is to consolidate some bills and purchase another house to flip or use as nightly rental airbnb type.The house i...

Gp G. HELOC Vs HELoans Vs Personal Loans
3 May 2021 | 1 reply

Hi,Can you please advise which is better to lower my credit card debt with higher interest rate around 20%. I am considering options like HELOC Vs HELoans Vs Personal Loans. Any other better options out there? Any goo...

Nathan Moore Third more intentional investment
29 February 2024 | 0 replies

Investment Info:

Single-family residence buy & hold investment in New Braunfels.

Purchase price: $280,000

Cash invested: $25,000

Single family house intended to be my “new” forever house.

...

Nnabuenyi Anigbogu Using FHA for Creative Financing
17 September 2015 | 12 replies

Hi All,I have a plan/strategy that i am considering and i want a quick critique to make sure that none of it is fraud and that it is possible.My fiancee and i currently own (since may) a four unit building that we own...

Ariel Echevarria Second Lien Situation Good Vs Bad
28 September 2016 | 6 replies

Hello everyone. I am having a hard time pulling the trigger on my first rental. I want to buy a rental but I only have $3600 in stocks and about 14k in equity. I am wanting to purchase a house that is listed at 79k. I...

Jim Klapmust 1031 splitting from shared ownership
14 June 2019 | 6 replies

Hi all,Back in 2004, my brother and I acquired a rental property. We split it 50/50 and continue to this day. We aren’t structured as a partnership or LLC, just two bros who bought a house together.Fast forward to tod...

Account Closed Renter setting up LLC at private contractor?
8 August 2019 | 2 replies

BP-I am currently house hacking my first property (renting by the room in a townhome) and have a new tenant moving in next week. He just informed me today that he is setting up an LLC to be a consultant/private contra...