Mike Walsh
Buy owner financed at 9% interest or rent and save
Hello Bigger Pockets. I currently own a house in Louisville Kentucky which I am going to start using as an airbnb rental. So I need a place to live.I recently quit my job because I have 2 companies that make more than...
Ashby Tyler Cappelmann
How to reach the maximum of 10
Hey guys! My question relates to how the process of acquiring 10 mortgages in your name looks? I know there are residency requirements for many conventional mortgages but are those strictly FHA loans or something like...
Julie Coleman
Divorce Loan Options
My ex and I purchased a duplex in Glendale, CA as marital property in 2018, yet I am currently in the process of a divorce with my ex.
Due to the divorce proceedings, I would like to know my options regarding the ...
Anna Brown
LA Property with lots of Equity
I purchased my Los Angeles (Compton) 4-bedroom home in 2013 for 240K; according to Redfin, it is now worth 686K. 2 years ago the entire house was completely renovated (Insurance claim) due to a burst pipe that caused ...
Edward Burke
Insurance - Replacement Cost well over market value
I have two properties in escrow in Saint Louis City. They are both four family properties in desirable locations (quality tenants).The purchase prices are $349,000 and $290,000. However, as these properties are all...
Johnny Wehmann
Seller Financing structure
Before I start paying my attorney, I would like to hear suggestions from BP members. I'm working with an owner open to seller financing with a 3-year balloon. The details are as follows:Purchase price $385,000. It ...
Lokesh W.
Lease Option: Any Limit for money applied towards Mortgage/ Down Payment???
I am trying to do cooperative lease option on a property. The owner is asking for sale price that is at least $20K above the market price. I can make it up by applying 50% of the rent money towards the sale price (dow...
Joel O.
How do people have 10 properties in their own name?
Alright I have a question I'm asking now becuase of the situation I am in.From what I understand investors are able to have 10 properties in their own personal name until banks start declining to continue to loan to t...
Greg Gaudet
Will taking full depreciation from new tax law hurt my qualifying
I bought 3 rentals in 2018. With the new tax law I can deduct all rehab costs AND I can deduct the value of things like floor cabinets etc. (about 15-20% of the total purchase price of each unit!) which is a big deduc...
Porter Rappleye
Why is REI better than investing in the stock market?
Hello Everyone!
I'm trying to convince my finance/MBA friend why REI is a better business decision than investing in the stock market and I'm not sure he's convinced. What is the best article on BP you've re...