I've happened upon an opportunity to purchase a Medical Office Condo comprising approx 12.5% of larger development.  Purchase price approx 600k.   This would be leased, not owner occupied.  I have no real interest in ...

Hello fellow real estate professionals! I’m just starting out on my real estate investing endeavors. I’m looking to create as many checklists/spreadsheets as necessary to ensure I’m doing my due diligence in all matte...

Hi everyone,
I'm new to this. I'm helping my father expand his RE portfolio. He's obviously more experienced since he already owns one CRE property.
I have some questions.
He wants to stick to Bank Financing over ...

Good Evening from Dallas, TXI was building of list of documents that I need to have my contractor sign.  This is my first rehab so this is what I am coming up so far.W-9Scope of workWarranty of the work that is comple...

Hey BP,I am self-employed and recently purchased a property in cash with cash from my business account. With the BRRRR strategy in mind. The rehab costs have crept past what I had budgeted and am looking for some crea...

Hey,  I purchased and rehabbed a house last year with a HM loan.  Back in November I applied with a new lender for a 30 year fix mortgage.  We are cashing out to buy a different property.  The lender took until Januar...

Hello Fellow BPers,This might be a basic question, for pre approval of a mortgage, does the mortgage broker need the following information?Last 2 years federal tax returns all pages and W-2sLast 2 paystubs covering ...

Hello BP community! I wanted to gather as much information as I could with taking on tenants when purchasing a rental property. I know it can be a nightmare with some and super smooth with others. I was curious on wha...

Hey there,I just got an email from my MLS, (Mine is "MRIS") stating this:"As a result of the new TRID rules, some agents will not get a copy of the new settlement sheets and/or the purchaser has requested that the mor...

Hey guys I fixed and flipped a house and made a profit. Are there any documents I should be gathering from the closing company and filing on my tax return? Or do I just report the amount of profit?