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Hey guys,I was contacted by a mortgage broker offering a real estate investment loan to purchase multifamily properties. He said that the loans offered have no upfront fees and the origination loan fee is taken out of...
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Just wanted to get the word out that I'm starting a meetup for BP members local to Martin Count, FL and Saint Lucie County, FL. Cities included are: Stuart FL, Hobe Sound FL, Jensen Beach FL, Palm City FL, Port Saint ...
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Has anyone dealt with PenFed FCU in regards to a line of credit on an investment property? They just denied me because they said my properties are showing a loss on my tax return and can’t use my rental income to off ...
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Hi all, as you can see I'm a complete newbie to this forum, and also a newbie in the world of REI. You can get a summary of my current situation in the new members forum. First and formost, I'd like to thank you all i...
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This may sound like an odd question, but so many times we hear that (insert name) has gotten up to 1100 units, or has a portfolio containing $400M in multifamily real estate. But how many of these folks only "co-own"...
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Hey everyone - Wanted to confirm something before filing the taxes for my STR, which is located in Virginia.Am I able to deduct all insurance, taxes, and mortgage interest for the year if my STR was available for rent...
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I am new to rental properties and am still learning the ropes of the application process. Recently I had a woman tour one of my houses and she also filled out an application on site. She showed up with another lady of...
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So I was curious what should you do If you are trying to wholesale a property but the seller ask you for proof of funds, but you being the wholesaler you dont have the funds available to show for? where should I go to...
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Does anyone have recommendations for banks offering a home line of equity that have good terms and fast turnaround time? If you do, do you have a point of contact at the bank?Thank you for the recommendations,Alex
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I've been doing research on this topic for a while, but still didn't have a clear picture. I built a new SFH in 2019 for sale and hasn't been sold yet. So my question is that are there any tax break i can take when fi...