I had two flips close in the first week of January. I purchased and rehabbed them in the last six months of 2015.
I have a Single Member LLC where i have gave an initial capital. I do cash based accounting.My question is since the initial capital doesn't count as income correct? then when i transferred a portion of the initial ca...
I actually put my initial proposal in the Minneapolis Real Estate Discussion area....meant to put it here. Want to make it better known we are going to start a West Metro meetup to meet monthly, to help each other be...
Hi BP!I would like to get financing for a small multi-unit property. I have read that, in order for the bank to utilize any of the rental income from the property, I would have to have "landlord experience". I am wond...
If I’m buying a STR property now, what do I have to keep in mind if I also plan on buying a primary residence next year? I’m assuming you look at a rental track record for the investment property, but that’s not stead...
Hey BP family!
I want to use creative financing on my next deal. A common objection I hear when speaking to sellers is that they'd love to sell to me subject to but it will affect their DTI when they go to buy a new...
Hi BP - Hoping for some guidance here. I have 1 cash flowing rental property (FHA mtge as I used to live there) and I'm currently leasing the place where I live now. In the next few months, I'm hoping to buy and mo...
I'm doing my annual post to see who is planning to attend the 2018 Papersource conference in LV. I had a conversation with Bill & Alison Mencarow and suggested they add a sticker or ribbon to Bigger Pockets attend...
I started the house hacking thing starting back in 2013 and bought a duplex for $67,500. It rents for $1400 a month and has nearly doubled in value. In 2014 I bought another duplex for $130k. It will rent for $1900, b...
I wanted to know do rehabbers get to write off all the expenses for a property? Does it matter if it's a fix and hold as oppose to fix and flip?