Hello BP community,
My partners and I have a BRRRR property we are ready to sell to start to scale our business. Here are the figures:
$40k purchase
$41k renovation 
$141k (Sept 2019) appraisal 
$105k cash out mo...

Hello,I recently bought my primary residence located in Houston, TX (Harris county) in February, 2016. I would like to claim this property as my homestead. I have learned that there are two main advantages:1. I can wr...

Here is one where I have reviewed this with 4 attorneys and none of them have seen this. A HELOC on a property whereby the seller sold the property and the lender agreed to a short sale. For simple terms lets say the ...

So, I have this situation: 3 roommates - 1 couple and 1 friend. They all worked at the same place and made plenty of income. Always paid the rent on time. No problem the past 6 months. Yesterday I went by to give them...

BP Community,247 pages of final IRC Sec 199A regulations, 39 pages of new proposed IRC Sec 199A regulations, a new Revenue Procedure related to W-2 wage calculation for 199A purposes, and a proposed Revenue Procedure ...

Hi BP Community! Question: Can you fix-n-flip a “subject-to” property or could you really only BRRRR a “subject-to”? Does the “due on sale” clause go into effect if the “subject-to” property is sold after rehabbing it...

Hi there,I am looking for advice on a current deal in Oak Lawn / Knox / Henderson area Dallas.This is a small <45 probably class B, Boutique unit, which has been gutted and rebuilt, almost 90% leased in a very shor...

I just assumed this was totally kosher but now I'm reading things that are making me worried. I have a 10% down vacation home conventional mortgage with PMI that I ended up putting on Airbnb and switching to commercia...

I am currently waiting on a SSA from a bank.  The home is sold as is and the inspection/appraisals are "n/a" on the dates and deadlines section.  I know the bank has collected the insurance check for a roof and glass ...

HI All, I've been reading BP articles for several years, I love the submissions and input from the different authors, but I have never got in to the forums so I'm not sure if this is the right category but I'll take a...