Margie Pierce
Tax rate for cash flow
I am someone who currently works on a W-2 basis and plans to transition to living off of my cash flow but in the next couple of years. I am interested to hear about peoples first hand experience with earning $100,000 ...
Camden Towne
Any creative ideas of home financing - somewhere between tiny home and minimalist?
Hello,I am at the cusp of finishing a medical education program, with a significant income increase on the horizon. My wife and I will be education debt free after significant work and serendipity. That said, we are h...
Michael Plaks
The new 100% deduction for business meals
This fairly simple change in the tax law created some confusion that I want to clear.
The basic rules for deducting business meals have not changed. The only change is that you get to deduct 100% of it, as opposed to...
Cin Ng
What to expect at Sheriff Sale if modified loan is underwater?
I'm new to all this, but what if it looks like the loan was modified and then defaulted on? What is bank bidding protocol (in Cleveland area)? It seems most cases are bought back by the Plaintiff bank. Could there b...
Jack Middleton
Do all realtors want a pre-qual before showing?
We are wanting to look at a couple places in Florida next week. We asked to see two properties and the realtor wants us to pre- qualify before she will show those to us. It seems that lately when we ask to look, we ar...
Andrew Barrett
Unpopular opinion? 15 year vs 30 year mortgage
Thoughts?I am trying to explain that because I’m 25 and make $200k-250k a year (mostly from flips) that using a 30 year mortgage on my 1031s for the 2-3 rentals a year— makes sense?they are insistent that 15 years is ...
Lakila Richardson
How Can I Win a Bid on Fourplex with FHA Financing?
Hi BPers...I'm an investor in South Florida and looking to utilize an FHA loan to purchase a fourplex. There are a lot cash buyers in this market and obviously cash is king, so please provide any advice on competing f...
Hannah Bishop
First Time Investor With Questions
I am looking to purchase a property in Atlanta, GA using the BRRRR method. I've spoken to hard money lenders and will be using that, but I am unemployed so the refinance part is where I'm stuck. I've researched DSCR. ...
Dimitri Fedorov
Newbie from New York City!
Good Afternoon Guys!My name is Dimitri and I'm a newbie (as in...started researching 2 months ago) in all things real estate! I'm excited to be a part of BP, and grateful for the opportunity to learn so much before ju...
Sarah McVean
First time investing- Live county auction good or bad?
Hello all!I've been doing my research for about nine months now and am ready and pre-approved to make my first investment. There is a hot area in my metroplex (DFW), that has great school systems and the average home ...