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Hello there, BP community! My name is Asela. I'm currently living in Fort Worth, Texas and plan to invest in the DFW area, but I'm also looking at investment properties in Nebraska, Flordia, and a few other states. I...
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My dept. is currently battling with an FHA rep. who will not approve an FHA loan on an REO we have for sale because he is classifying our practice of liquidating REOs as "Flipping".
We recently aquired a portfolio of...
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Here are my brokers comments regarding this deal:
I decided to send the previous listing to you. This has all of the information that you may need for this property. Again, I have already spoken with the bank and wha...
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Should I use a HELOC...OR...a cash-out refinance against my primary residence for the down payment of my first investment property?Everyone always talks about getting a HELOC to fund an investment property, but I read...
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Hi! So I am still super new to this whole real estate thing. I have sparked a ton of interest for real estate being my job after I graduate, I made a post a couple weeks ago asking for tips and thoughts to get started...
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So, I live in a duplex and rent the other side out. My mortgage is $1167 and the tenant rents the other side for for $1150 and pays all utilities. How much should I set aside for taxes of that $1150? It should be note...
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by David Bach.
Anyone read this book yet? I didn't see any threads on this so I apologize if I missed it. I just picked it up today along with Rich Dad Poor Dad.
Looking forward to reading both and I will post my re...
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I have a job were I make about 140k. I also have 4 rental units. What is better a llc or a s corp. Its more for tax purposes. I owe consistently in taxes
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Hi, Everyone. I'm new here and would appreciate some guidance. I'll be in DFW for Thanksgiving and am interested in investing there. Any suggestions on specific areas of town to target? And how is the multi-unit (2...
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Young couple looking for first home there. Helping from a distance. Anybody have a clue what areas might be affordable? Commuting to Seattle for work.