Mark Beekman
HUD affiliation worth it?
I was thinking of getting HUD approval on an 8 unit rental property, but I'd like to know what you guys think. The idea of a guaranteed rent check for 8 units each month sure sounds good, but are there any down sides?...
Sean Sullivan
Q on Deal structure for House + Land Flip... What Next?
I'm in negotiation for my first true investment purchase (currently am house-hacking), and I'm wondering if anyone has done a deal like I'm trying to put together, and if so, what advice you might have. Below is full ...
John Moksnes
Personal vs. Investment Property IRS Designation/Classification
I am looking to turn my personal property into an investment property and then 1031 exchange into a multi-family home. How long do I have to rent out the personal property (do I have to move out or purely rent a room?...
Alexa S.
Seeking insight from people who rent to voucher holders esp in DC
I have a small 3 BR townhouse in DC that I had been renting out to market rate renters for the last 5 years. I am buying out my co-owner and will now be the sole owner. For various reasons, it felt like a safer bet to...
Tyler Derickson
Seller carry second mortgage with variable terms
I'm looking into a commercial retail deal where I would have the seller carry back a portion of the property as a second mortgage. I like the property as it's in a good area, however with the lack of national tenants ...
Christopher Sarmiento
Appraisal question for BRRRR
HI BP community,
So I’m almost finished with a full Rehab on my duplex. We converted the top unit from a 1/1 into a 2/1 with central A/C, new kitchen, bathroom, flooring, and paint. We converted the bottom unit from ...
William B.
Next Step After First Flip?!
Hello All,Good News:After some minor setbacks, including an AC leak in the attic that ruined a 5'x4' section of my ceiling two days before we were supposed to list on MLS, my first flip in Houston hit the market! I re...
Bob Malecki
Freddie Mac Selling $1 Billion of Loans in Largest Deal
Heads up everybody!(Bloomberg) -- Freddie Mac is selling more than $1 billion of soured U.S. home loans in its largest sale of the debt.http://www.bloomberg.com/news/articles/2015-03-20/freddie-mac-selling-1-billion-o...
Jason May
Louisiana Section 8
I have the opportunity to buy 4-5 Section 8 duplexes in LouisianaCan anyone share any success or disaster stories in this area? I have several rental properties now but no section 8 so I am worried about the unknown
Maria Salazar
Depreciation for multifamily but prinary residence?
Hi Everyone! Can one claim depreciation on a multifamily bldg if your primary residence is one of the units? Thanks!