The IRS form 4562 provides, on line 42, for "Amortization of costs that begins during your 2021 tax year." I had understood that some loan costs would fall in this category, however, this no longer seems to be the cas...

I'm dealing with a "residential" real estate agent on a commercial property.  The agent keeps asking for a pre-approval letter and the deal is stalling out.  Is it common to provide a pre-approval letter from the lend...

Hello, are FHA loans able to be used to purchase condos? Or are only specific types of loan vehicles able to be used for condo purchases? Any information that would be able to be provided would be greatly appreciated!

Hello!I'm purchasing my 2nd investment property and working with Truist bank. They are asking for 20% down and providing a 7.1% interest rate.   They are charging me 3.389% in points! I calculated 5% in closing cost. ...

I've seen several posts lately about the number of 1-4 unit properties one can finance with Fannie Mae and Freddie Mac, and their respective guidelines. While the two GSE's are somewhat similar, it's important to reme...

Hey! How do I go about choosing which lender to go with when it comes to real estate investing? Buy and hold BRRR is the strategy I am going with. I have $10k saved up at the moment and I have good credit. 

Hi everyoneAm curious to know how I can explore different mortgage products/providers without having multiple hits to my credit score/report.Every time I connect with a bank, etc. they want to run their own credit, an...

Hi BiggerPockets,

I am a newbie looking to purchase my first rental property in the Greater NYC/NJ/CT area this year. I have a significant amount of interest from private investors and see myself being able to raise...

What percentage does a FHA loan usually cover in rehabbing a property?

Thank you all for your previous answers, maybe I need to ask the question a different way to help me understand?  I own a parcel of land = $150,000Construction costs will be $350,000 for a single family homeWhen this ...