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I own a house and I have one rental. I'm looking for a second rental. Will a bank give me a portfolio loan to buy a house? I'm looking at houses in the $80000 range and lower. Credit is like a 720. Can any banking pro...
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Greetings, I purchased a property sight unseen at the court house Auction in Virginia. I went to introduce myself and discovered that the people living there are not the owners. According to the information they gave ...
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Hey BP!For the last month I've tried to submerge myself in as much content around this site and other places as I could in order to feel more comfortable with moving forward. I'm at that point now, and would like to s...
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Hi all! I am new to this forum and I am a new landlord. I am a college student in California. My aunt bought a condo in CA. She said I could live there for free, and asks me to rent out one room. So I posted my ad on ...
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Hi I have a off market deals where the seller is working with an agent. The property isn't listed and they're willing to sell to me. I'm trying to get it under contract but they're asking for proof of funds for the pu...
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Hi All,I am new to this forum so sorry if i posted in the wrong section.I ran into an issue, and this is completely my fault, where i started a kitchen remodel without permits. I hired a GC to do the work and asked hi...
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I have owned an apartment complex for about a year now. Apprehensively, I let one of the inherited tenants sign a 12-month lease. He has been very cranky during the renovations, to say the least. He seemed to change h...
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Hey there BP. I'm talking with REO specialist (realtor) whom I have not met in person. Told him what I was looking for & he emailed 2 properties for me to look at. He also sent me the lockbox code to let myself...
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If I buy a vacation home using a 2nd home loan and rent it as an AirBNB when I am not using it, can I still do a cost segregation study to accelerate depreciation and offset losses against my W2 income if I follow the...
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Hello BP - Anybody know where i can find the answer or have the answer? Property is located in Maple Valley, WA. Appreciate sharing your experience.