Vick Ghadimi
How do I protect myself with an LLC?
Hello All,Thanks for a great forum. I am so happy to have this resource at hand to learn from experts.I just got my first 2 rental properties (SFH, Duplex) in Florida. After getting conventional financing, I asked my ...
Walt Payne
Price reduction strategy - help please
I have a $399K home for sale. Several agents have told me that it is a good price, but because it has an in-law suite it is going to be the right house for just a limited number of people. I would like to get a chu...
Josh Sparks
Self direcred IRA investing
If i buy a property with a self directed IRA, is there any limit on rental income exceeding the yearly contribution limit? Also, are you able to leverage the equity in the property during or after its paid off? If so,...
Shak F.
Liability insurance recommendation for the investment property
Hello BPs, I am in process of closing an investment property. The lender is looking for proof of insurance/insurance. Is there any recommendations how much liability should I keep?I am new to the investment and BP. An...
David Green
Funding deals under 40K
I am wondering what options investors are using to fund cheaper deals (<40K). I can make cash offers, but I need a way to pull my money back out so I can repeat the process. I know I can get a LOC on them which I...
Jennifer Bott
HELOC Interest Deductibility Used to Purchase Rental Properties
We took a home equity line of credit out on our personal residence, and used 100% of the funds to buy 3 rental properties. My first question is whether the interest deductibility is subject to the 100000 loan limit. ...
Winston A.
Form 8582 - Passive Activity Losses
Do I have to fill out Part II “Special Allowance for Rental Real Estate Activities with Active Participation” of form 8582 “Passive Activity Loss Limitations”?
I am married, and our combined AGI is $125,000.
We mak...
Cal C.
Does refinancing conventional into portfolio loans restart the four mortgage limit?
Someone asked me this question the other day. They had several properties with high interest rates which they couldn't refi conventionally, but they were able to find a portfolio loan. He is wondering whether or not...
Muhammed Mbye
what type of loans are there
if you don't mind telling me what types of loans are there for investment properties
Eric T.
Apartment roof leaks caused property damage - seeking advices!
Dear BP members,My brother is currently experiencing a roof leak issue after recent heavy rain which damaged some of his personal properties. The main cause of the roof leak was from roofer hired by apartment manageme...