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Chances are you already understand that real estate investing offers tremendous opportunities for building your wealth and income.in the vast majority of cases, the value of real estate investments tend to grow over t...
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Hello BP Community!I have a rental property in Philadelphia which within the past year I just refinanced to reduce the term of the loan from 25 years to 15 years. This property was originally purchased as my primary...
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Anyone else out there using a HELOC on their primary residence to fund their REI? Both of my buy and hold deals were funded exclusively from my HELOC, which I then refinanced into a traditional mortgage. Because of fo...
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Two questions:Assuming my credit qualifies and the SFR property cash flows at an acceptable level:1. Would it be advantageous for loan qualification purposes to become a co-borrower on a mortgage with my LLC (as oppo...
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Hi, I'm currently not a RE investor, but have poked around the forums a bit on occasion. I'm expecting my 2nd child next July. We will move to a slightly larger house soon and I'm trying to decide whether my current ...
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Hi BP community,I just learned about lease option today, and I have a few questions1. For lease option agreement, does investor get the title or there is no title transfer in this agreement until sell the house to the...
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Question: We purchased and have lived in a home for the last 5 years as our primary residence. In that time it's value has gone up about 40%. We are about to move out and rent it. To fall under the 2 of the last 5 yea...
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Hello all!I hope this post finds you well. My name is Tianna and I have recently moved to Georgia this past year. I am in a financial position that I never want to be in ever again. I have always had a desire to le...
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Hi all,I'm looking into the tax implication of selling my current primary residence, which I used as a rental during a 4 year stint my employer sent me abroad. I'm interested to learn if there is any exceptions to th...
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Hi everyone,I'm currently under contract for 2 SFR units on 1 deed in Norman, Oklahoma and would value your advice as their are a few elements that are new for me.Analysis snap shot below. Typically we are focused on ...