Rashaad Baten
First BRRR in Memphis - Did everything we weren't supposed to do
Hey y'all,
My wife and I have been hunting for our first property since March of this year. After hours of hunting the MLS, 100+ deals researched, and about a dozen offers in different states, we have our first prope...
Laura MacDonald
Is this Common in Loan on 4-Plex??? Supposed to Close Tomorrow!
I am about to close on a cash-out re-fi and as I was reading thru the loan docs, saw this clause which is something I have never seen before. Is this common in a loan for a 4-plex?? This is a 30-year fixed rate cash-...
Dave S.
Notify or not to notify (Tenants are not supposed to be there!!!)
So Im in a particular situation, where my tenants were supposed to of moved out a while ago (Jan time frame with not even the defined 30 day notice but a 60 day notice!!), and enough was enough and come END of Feb we ...
Jose Perez
Not living in what is supposed to be an owner occupied property
I'm interested in acquiring a small multifamily property (3-4 units) but I don't necessarily want to live in it because of the area (not a bad area... but I have a 1 year old daughter and don't want to move away from ...
Cisco Hood
Why is my lender saying im supposed to occupy for 2 yrs
Hey bp! I talked to the lender who I got me my 5% down Owner occupy conventional loan and he is under the impression that I need to occupy the home for 2years before I can rent the property. After our conversation I l...
Alex Burrows
New Landlord here with a question about dogs! (Supposedly mans best friend)
Hey everyone, I just purchased a triplex in Toronto. Two of the units are tenanted and I am going to live in the other. Its a detached home with a detached garage in the rear with a descent sized backyard. Im a bra...
Tim Bee
Tenant just became wheelchair bound. Who's supposed to pay for the changes!!!!!!
In CA: I have a tenant who, all of a sudden is in a wheelchair. They want widened door ways and God knows what else after that. I'm guessing they might eventually want all the ADA requirements. Changes to convert ...
Jerry Fome
supposed to find a HML before or after? sry for dumb Question lol
Okay guys, so I've been stuck in "analysis paralysis" for 2 years but im finally really to just go. So please excuse me if I ask a few stupid questions here over the next month :P So heres the question im stuck on. Am...
Nate Ward
My first flip deal, that was supposed to be a buy and hold.
Investment Info:
Single-family residence fix & flip investment in Waco.
Purchase price: $5,000
Cash invested: $2,000
Sale price: $18,000
first real estate deal. cash purchase, I was planning ...
Maugno M.
House Flips are suppose to go where on tax returns? SE or CapGain
Evening BP, Time for us procrastinators to start doing our taxes ! I have tried to reach out to several CPA'S and of course are all booked to take me on. So will probably stick to using Turbo Tax like ive done several...