Hi All, I find the strategy of acquiring property with seller financing (or subject to), very attractive so that I can own property in my local market without a poor Debt to Income ratio. I would also like to utilize ...
Hi BP Friends,
Currently I have 4 small investment SFHs under my name (each has a conventional loan). I am thinking of transferring these properties to my single member LLCs and getting them refinanced through portf...
My mom came to me today asking about a strategy she heard about where people are paying off their mortgage in 5 years. I was very skeptical about this and told her not to do anything before she did more research. In h...
So...my wife and I have been involved in real estate investing for some time. However, we’ve discussed the benefits of mobile home park investing from a financial standpoint. However, I’m very intimidated by the due d...
In light of the new tax law, fewer and fewer will be itemizing. Therefore, the traditional tax breaks for the primary residence are a moot point (i.e. property taxes, mortgage interest, etc.).It makes me think that I...
Hello all,I bought a house for $300k and lived there for 4 years. During the time, I bought about $5k for tools and materials (with receipts) and upgraded the house myself (that would cost $20k if hiring contractor). ...
Hi!I just bought my 1st investment property, a brand new home with DR Horton, and used DHI (DR horton lender) for the mortgage, they told me they were going to sell the mortgage and I should wait for that before movin...
This is sort of a big ask but wondering if anyone could point me in the right direction. I'm selling my business and I'm transitioning to real estate investment. I plan to start with an STR then I'd like to purchase a...
Hello all, I'm needing some advice on LLC Setup (or not) for a STR business. Here is my situation:- I'm a W2 employee that earns north of $500k a year- My wife is a stay-at-home-spouse- I'm looking to buy ~ $...
Hello everyone, hope all are well, I'd appreciate insight on a question- if I take bonus depreciation after a cost segregation study in a year, then do STR and it's just not for me, can I then convert to long term lea...