I realize a lot of investors start off by using monies from their retirement portfolios, whether its a 401k, IRA etc. Seems like everyone agrees that they enjoy a better rate of return in real estate than these conven...
BP community,I have a friend who is interested in providing his capital for me to acquire multi-unit rental properties. This friend is in a high tax bracket and as a result is not interested in the cash flow or even ...
Howdy Guys!I listen alot to BP's Money podcasts. I know that the Corona virus has spooked the market down by 12% in the last few days. And I know it is generally held that it won't matter what we do if you hold for th...
I have an investment property currently with 20% equity, which I am owner-occupying in Portsmouth, NH. I am reaching the point that I will be moving to a new property which I have saved up enough cash for. I am stil...
Hi BP!This is my first post ever...so it gets a bit vulnerable at the end.I'll keep this as short as possible, but I hope this is helpful to many. Through communities like this, I think everyone eventually finds them...
How long do you think they will be this low? And deplete the inventory. It's human nature to max out their affordability when buying a home. Investors are competing with multiple offers because there is no where good ...
Hello, I am wondering if I choose to invest now and take a risk and get a deal yet deplete my savings, will I still be able to utilize another VA loan in the near future. It is no money down does any one have experien...
Here is my situation. I have a property under contract as of 3 days ago in Texas. The seller is the daughter of the owner, with power of attorny, and the owner is in a nursing home with dementia. The seller has just i...
Hello all,I've been retired for a couple years with no income coming in. I'm interested in purchasing a small multifamily - anywhere from 2-6 units.Is it possible of obtaining a loan with no income? My credit's been g...
I’m curious how the taxes work for the seller. If they are owner occupiers then they won’t have capital gains anyways. So in that case it is really just the income stream they can maintain.
But, if they are tired lan...