A friend of mine has somewhat of an interesting situation. They got a special loan from a state economic development body that outlines a loan for owner occupied duplexes. He got this special loan with a fixed rate ...
I’m 22 just bought my first property this past April and it isn’t the most fantastic purchase thus far. I’ve only made roughly $700 thus far including equity gain in the property. I do not live in this property and wh...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/33212/small_1621366434-avatar-releaf_oc.jpg?twic=v1/output=image&v=2)
***Please disregard if you do not do business in CA***
Came across this post the other day and thought the BP community could benefit. For all you bird dogs and real estate consultants out there who are not principal...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/281034/small_1621441285-avatar-karenmorgan.jpg?twic=v1/output=image&v=2)
I have my second home under contract for a lease option...been marketing for a buyer for 1 month now. Asking 3.75% option fee and asking low end market rent value. I'll only work with buyers who can qualify within 6-9...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2856821/small_1697302577-avatar-marks1348.jpg?twic=v1/output=image&v=2)
Hi all!
If I had a rental property with exactly zero cash flow at the end of the year (after paying for mortgage/escrow/insurance/maintenance/etc.), would some of my depreciation expense shield the funds that were us...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/612082/small_1621493791-avatar-joshg921.jpg?twic=v1/output=image&v=2)
I'm sure there's another one of these threads out there, so feel free to redirect me.
I'm a full-time mortgage lender (not broker - we lend our own money). My wife works just a couple hours a week as a fitness instr...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/604112/small_1621493606-avatar-ombres13.jpg?twic=v1/output=image&v=2)
I just bought a primary residence with a VA loan. I understand I must live in this house for a year before using it as a rental property. Banks also require two years of rental income to count towards a future mortgag...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/96473/small_1621416841-avatar-nonbankloans.jpg?twic=v1/output=image&v=2)
If you have a family member or friend that works in real estate, whether as an agent, mortgage broker, real estate investor, or title officer, you may be stumped as to what type of gift to buy for him or her. Below...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/96473/small_1621416841-avatar-nonbankloans.jpg?twic=v1/output=image&v=2)
Do you have a family member who is in the real estate industry? Here are 4 gift ideas for your loved ones who work in real estate: realtors, mortgage brokers, real estate investors, or escrow officers.
1. iPad or Ta...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1144533/small_1694867605-avatar-austeni.jpg?twic=v1/output=image&v=2)
Hello all, I have a house overlooking a lake in South Dakota. This is my primary residence & the mortgage is held personally on a 30 year note. I file for "owner occupied" status and have the mortgage interest ful...