Dave Zarcone
Helping a family member fix/sell a house and preparing for taxes
Hello all,I just joined Bigger Pockets with an interest in expanding my knowledge and preparing for building a real estate portfolio. I have yet to do a deal but recently a family crisis has put me right into the midd...
Christopher Leavitt
Tax implications for using personal home equity for a flip
Hi all, I have a rather unique situation here. This is a situation in Massachusetts. I took out a refinance on my personal house to pay off my girlfriend's (now fiancée) house due to hardship on her part. I placed a p...
John Harrison
section 8 landlord question rents below comps
where I am at HCV rents are aprox $200 lower then comperable Non HCV rents. They set the FMR at comprable but then they subtract a utility allowance from that. So for example all rents in neighborhood are $1000...
Denise Tinsley
Forclosure needs extensive renovation
As a newbie I purchased a foreclosed home with cash at $22,000. The previous loan on the home was for $88,000. Comps for similar homes that are in good shape would be around $100,000. I have estimated that the cost to...
Dhiren Ahir
Buy cash and finance later
What do you guys think about buying rental property with cash then doing cash out loan? Lender is taking long time with no obvious reason and I can not start mortgage process with new lender due to time limitation as ...
Carina Kaiser
Advice needed for first investment property in the US
Hi There,My husband and I just moved to Boston from Europe and would like to extend our real estate portfolio to the US. The market is completely new for us and we are currently looking for an investment property to s...
Dj Pride
How Much $$$ to Replace Old Stoves and Heaters
Hi!So I'm looking at buying my first property. I just walked through a few homes with my realtor. One of the properties that I looked at has these old appliances: How expensive are these installations to replace with ...
Patnaree Conrad
Any strategies ? to buy from MLS and still make good cashflow!!!
This will be my 1st rental property, I decided to search from MLS due to my loan condition 20% down payment with conventional loan. i also don't have much cash for fix the property!!!! but I really want to start this ...
Simon Knudsen
Building from 1895 - how thorough should one be?
Hi everyone,I'm somewhat hesitant of buying a building this old in terms of not being able to discover all the "hidden" and perhaps critical issues that might be present. Besides having an inspector to go through the ...
Roman Puzey
Question regarding house inspeciton
Hello,Trying to decide if its worth doing a lead-paint based testing on our first house hacking property that we are under contract for? The home was built in 1962 and lead-based paint testing is recommended for home ...