Jarvis Smith
Landlord (homeowner) trying to back out of a singed lease!
This topic is for a friend of mine.They signed a lease for a property and expected to move in, in 8 days. Now homeowner is saying property is in uninhabitable. Saying roof needs replaced and septic/plumbing lines are ...
Albert Bui
Allowance of short term rental income for conventional financing
Later this year in 2018 Freddie mac has finally announced some guidelines to use when determining short term rental income.The guidelines will require there to be two year history via the tax returns which isnt too s...
Patrick Forelli
LP GP deal structure
Hello BP community,I recently invested in a STR last year and its going great! Projecting revenue of 84 k with a return of 25 to 30 % on my upfront investment. I am looking to invest in more STR's this year with partn...
Pierre E.
Separate Networks for MTR/STR Guests - WiFi + LAN Protection and Internet Security
This is both to share what I have found so far, and ask for additional ideas/feedback. Basically trying to figure out the best way to have two completely separate internet networks on a property including the wired e...
Michelle Medina
Michelle - Introduction
Hi everyone, my name is Michelle Medina, I'm a total newbie to real estate and was suggested to start here. I'm 28, work in IT, and am an amateur MMA fighter. I recently came into some money after my dad's passing tha...
Account Closed
Can I pay back taxes to prove self employed income? Or get a W2?
Hey guys! I just wanted to run this by y'all to see what you think- any input at all is very much appreciated!! Happy Holidays!!!Here's the scenario- let's say I have no proof of income. Can I file two 1040s and pay t...
Jimmy Lau
Any other cheaper home heating options for a 1500sq ft home that i bought for $80k?
Hey guys!Any other home heating options that is much cheaper than $18k to get a new broiler. That amount is insane! The house is 1500sq. I do not pay for the electricity or gas. What is another option to get heat into...
Yocheved Beer
Can I put 0 percent down if my purchase price is .75 the appraised value
Hi all,I have found a house in Lehigh acres Florida for a purchase price e .75 of of the appraised value and it is for sure a 1 dscr. can I immediately buy this for 0 Dollars down
Gaurav Mehta
What qualifies as a Qualified opportunity zone business property
Hi,I am going through Form 8996 required to be filed for a corporation to be considered for Opportunity Zone. I have a few questions on what it means for a property to be a "Qualified opportunity zone business propert...
Liam Marshall
What is a cash-out refinance?
Ive looked up what a cash-out refinance is and everything I read or watch goes right over my head. If someone would be kind enough to give me a thorough and simple overview of what a cash-out refinance is and when and...