John Mich
Need some advice on conforming loans
Hello All,I recently used cash to purchased a property (Green St Property) in my wife's name using the proceeds from the sale of a house in my name. Our plan is to do a cash-out refi in her name only, after the 6 mont...
Nghi Le
Purchase House From Family Member
I never thought I'd buy an investment property in Seattle due to the crazy market, crazy laws, and the 0.5% rule (or less) here, but a deal kind of fell into my lap this week. I'm a newbie when it comes to rentals, b...
Jennifer Smith
Mom passed away and trying to figure out what to do w/ her home
My mom passed away tragically and unexpectedly in April 2017. She has a home in Riverside, CA worth approx 510k and approx 330k is still owed on the mortgage. My 2 Brothers have been living there since she passed aw...
Scotty Wo
completely new and lost, would love some guidance.
Hello Everyone,I really want to learn how to rent my house and aquire another house to rent and so on. I'm very new and I don't understand a lot of the posts I've googled. Heres my situation,My mom bought and "gave" m...
Walter Anderson
This was my first deal
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $52,600
Cash invested: $10,899
My first deal, a small buy and hold in south Kansas City. Cash on cash 20.8%.
...
Jim Horrigan
First time home buyer but so many problems sighhhh.
Hi everyone! I'm fairly new to BP the reason I know this website because I'd stumble upon BP Podcast on Youtube. Currently I'm in progress of purchasing my first house and it had been a nightmare! I live in the bay ar...
Casey Martin
Using gifted house to acquire another situation?
Hey all,I have been trying for a couple of months to figure this out on my own and would like some input please. This is the situation.I am being gifted my mothers house which is paid off. I’d like to move her closer ...
Adam Webb
Is zero percent vacancy bad?
If I’ve never had vacancy does that mean I’m not charging enough for rent? How do you figure out the most you can charge? Just list it high and if you didn’t get a qualified tenant to lease to then you lost that mon...
Lisa R.
Need help- I am confused
Hello- Can someone please tell me if I will have to pay any type of federal capital gains tax on a property that I sell in Washington state that was given to me? (There is no mortgage on it). From what I have researc...
Tam Truong
Taxation and asset protection question
I don't fully understand how tax structuring work so here is my question and I don't have the best accountant. I have 5 houses with each home under it's multi-member LLC, my dad and myself. I have been filing each LLC...