Situation;I have a rental property bought in March of 2012 for the amount of $220K.(Initially used as Primary Residence until Oct of 2017)Before moving out, In January of 2017, I did a cash-out refinance, and the new ...
Good day BP family. I’m in the middle of purchasing a duplex with one unit occupied and the other I’m going to live in to make it my primary residence so I get a lower down payment.
The problem is, I don’t know how ...
Hi all! CAPITAL GAINS TAX — NEED HELP! 🙏I bought my first investment property in August 2018. paid $152k and have put in about $20k in renovations. It's currently rented for $1600 a month and I have it listed for $252...
Hello all,Warning, this question has many parts. My girlfriend and I have been going back and forth on this question and would love to hear what the BP community thinks. Our goal is to have financial freedom, at leas...
I'm currently looking at deals in my market that are 5-10 units. Nothing wild in comparison to the 50-100+ unit deals being discussed, but still exciting for me. The financing aspect of these deals is usually killin...
Hi All,
I am interesting in purchasing a multifamily property with an FHA loan. I've seen multiple requirements from different websites. The one that I'm concerned about is "2 years of employment" or "2 years...
Hi everyone! I’ve been browsing through different threads on here and thought it might be worth posting my own (to get your expertise).
My partner and I have $270k in cash and are looking to invest (for the first tim...
Hey guys, I'm looking to purchase my first real estate property this year and according to my analysis, househacking a multifamily house here doesn't make any sense, I feel like I'm missing something. Here's an exampl...
My mother has several properties that have been mismanaged or not managed at all and she has enlisted my help to get caught up, but I'm a bit over my head. Due to covid and the death of her parents, things really slip...
Hi Guys! We are in a debate on the Denver rental market - whether doing a long-term rental or short-term rental. Are there any resources to help determine the potential rental income for short-term rentals?
Thanks!