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Results (10000)
Keeya WangJones Do I need multiple Home Insurance for new home?
18 April 2017 | 2 replies

Hi BP,
I'm in the middle of closing on a home in new construction. I just received an insurance quote that covers half the purchase price.

There is a reoccurring theme that insurance companies limit is $350k when I ...

Jhosdyn Barragan First Short Term Rental
21 October 2023 | 2 replies

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $420,000

Cash invested: $30,000

Purchased an existing short term rental that had been almost entirely renovated, bu...

Chris T. How does a Cash-out Refi affect depreciation?
28 April 2014 | 3 replies

I have searched the forums but have not come across an answer to this situation...

I purchased a rental 1.5 yrs ago as a buy and hold property. I am now looking to do a cash-out refi after doing some impro...

Brendan Chisholm Fannie Mae Homestyle Loan update and lessons learned.
1 September 2020 | 0 replies

I recently wrote about my experience with closing a Fannie Mae Homestyle loan and going through the vetting process for general contractors. Fast forward sixty days, and I wanted to provide some insight into renovatio...

Brad E. To improve or not to improve... that is the question
9 November 2017 | 6 replies

Hi all -I am looking for some guidance on evaluating the value of improvements to a duplex I recently aquired. Not sure what metric I should be using to evaluate this opportunity. The situation is that I have a duple...

Brett Lee 1031 advice would be appreciated!
20 December 2018 | 3 replies

I have 2 houses on 1 lot in the Seattle area i am planning on sell and reinvest in another house. I am probably selling our houses for around $325k and the house i am planning to purchase is 280k. My understanding ...

Hannah Joy Higher cash flow worth higher interest rate?
6 January 2022 | 4 replies

Working on a 203k loan to renovate detached garage into MIL. Current rate = 2.89, new rate would be 4%. Cash flow will increase once construction is complete. Cherry on top though is this loan will qualify me for a 25...

Jenny Gardner Refi student loan at a *higher* interest rate to free up cash?
14 June 2019 | 5 replies

Hi BP community - I am looking to save for a downpayment for an investment property (my first after purchasing my home) however I have heavy student debt ($175K+) at a 4% interest rate. In order to improve my financin...

Jesse Barahona Conventional loan plus private money ??
17 June 2019 | 3 replies

Would it be a good idea if I would to purchase a Home under a conventional loan and seek out a private money lender to help fund the Rehab cost ?? Has anybody else used this strategy ? Or is there a better strategy fo...

Orion McCabe-Gould Capital Gains Question
22 November 2017 | 5 replies

Might be a simple question but if a rental is sold from an LLC what amount is used to calculate capital gains tax. The sale price or the net amount after commissions, loans, etc. are paid off?