Dustin Senor
Buying with using a loan for down payment
Good morning!Does anyone out there know of any strategies for buying a multi-family investment property by using a private loan for the down payment and closing costs? Is this possible?I was doing some research into ...
Robert Collins
Has anyone ever bought a fixer upper & had to tear down?
Just curious about hearing how one has or May handle buying a property that needs work and then you find out you have to just about build the house over or even to the point of a complete tear down but you wasn’t prep...
Nilofer Sickander
house hack rental 1031 exchange
Hello, newbie question here.. If we rented out our basement and lived in the main living area ourselves, can that house qualify for a 1031 exchange when we sell it
Luis Olivencia
Using Home Improvement LLC to to collect income from rooms rented
Hello to all. I recently opened a home improvement LLC which has my contractor licence attached to it. I did this so that I can work on whatever properties I purchase in the future. I have no interest in remodeling o...
Craig Shute
Escrow
Hello All,I bought my primary residence, fsbo, and we closed at my mortgage lender's attorney's office. I have a contract to purchase that I'm happy with, and prepared to fill out specific to each property, but I hea...
Mark Bommarito
Home Equity Line of Credit Increase
Hi, I currently have a HELOC from my primary residence. I originally obtained the HELOC in 2014 and have since made more improvements on my residence and feel the HELOC amount is low and could be higher. I would lik...
Paul Clements
Tax question on selling principal residence
Hello,I've lived in a home for 20 years (it's a 50 year old, 1200 sq ft modular home that has very dated decor, drop ceiling, and in fair condition) and it's currently listed for sale. It's paid off. I have an offer f...
Rachel H.
Tenant's Girlfriend Staying Too Much?
Hi everyone. I have a great tenant. He's responsible, responsive, takes good care of the place, pays on time, etc. I've recently noticed, though, that his girlfriend stays over several times a week. She also has a sma...
Mike Terry
Help with creative financing strategy for neighbors house
Hi BP community, I would like to request your help. I have an elderly neighbor that I have known for 15 years. She has recently been admitted to a memory care facility. Her home is free and clear and her sister wan...
Lois S.
How to vet prospects with several foster kids -
Got a call from a prospect with a full time job & several foster kids for whom he has guardianship. Without the (substantial) payments he receives for each child, he wouldn't qualify under our income criteria. Ho...