Zachary Kubacki
Is this a real problem?!!
As I involve my self into new conversations and friendships I find that I seem to keep hearing a unique situation. Is it true that there is a problem with seasoned investors who no longer want to hassle and waste time...
CJ Swoboda
Tax free passive income
Greetings BP family! Newbie here, soaking in the collective wisdom.I was googling passive income the other day and learned that you can earn up to 80 k and not pay federal income tax. Is that true?
Larry Douglas
United funding corp?? SCAM or NOT
Has anyone ever worked with United funding corps. It looks to good to be true. I appears to be a place for owner financing or you just take over the loan. Example--- 11,995 down includes all ATT. fees 1,990 month in...
Brian Kempler
Are balloon payments illegal for an owner finance?
This article says there are a lot of restrictions on seller financing: https://www.thebalance.com/buy...1. Max three seller finance properties per year (you as the seller)2. No balloon paymentThat kills a deal structu...
Account Closed
Stimulus Protect Landlords Directly?
It seems that the 2020 stimulus package doesn't directly help small time landlords with SFR. Only indirectly to folks who lost their jobs or businesses with large multi-family rentals. I can't find any information o...
Ramon Wilson
Can ADU's Cause a Big Problem?
I have heard from a couple of lenders that conventional loans are not available on duplex, triplex or 4plex properties that add an ADU (an SFR with an ADU does qualify for a conventional loan). This is not an issue of...
John Leland Bailey Jr
Do You Have to Have Cash in Hand to Buy at Auction?
Is it true that you have to have cash in hand in order to buy a property at auction? Can you get pre-approved for a loan to buy a foreclosed/ auctioned home? Thank you in advance.
Joshua Schoer
Agency financing location of partners question
Hi All,
I've come across a potential deal in Daytona Beach for a value add apartment that looks pretty good after doing the first underwriting pass. My problem is that I'm located about an hour and a half north in...
Michael Brown
Tax Question - 1st Property
Sup BP Fam,My fiance, and 2 buddies, just got a property under contract in Quincy, Massachusetts. (just outside South Boston, and Dorchester) It is a 6 bed 3 bath property. We will live in the 5 bed 2 bath unit and re...
Josh Roberts
Airbnb and bank loans.
Hi everyone! I am looking into acquiring a duplex to rent one side as an Airbnb, and owner-occupy the other. I have read that it is tough to get a loan for a second property when going this route, as the bank would no...