Jason Maestas
Help! Denied a Cash Out Refi Using Capital Gains Income.
Hi BP,I am trying to do a cash out refi on a single family property which I purchased cash and renovated. My primary source of income is capital gains income through flipping. I was told by a lender that I cannot use ...
Jeff Filali
Been away from BP...but exceeded my 2017 goal with 26 total deals
I've been away from BP for the past two months, after my father passed away from Cancer the last week of October, one week prior to my 40th birthday. Followed that up on December 1st with another family member, who's...
Matt R.
Offering improvements when new lease includes a rent increase?
Hello all!I have a SFR that I first rented out nearly two years ago. The same tenants have been there the whole time, and their lease renewal is coming up. They already told me they want to renew; we just need to si...
Joshua Messinger
Trying to get Involved for the Long Term!
Hi Everyone My Names Josh MessingerAbout MeTo be honest, I don't know really where to start, but I'd like to tell everyone what my current situation is. As of right now I am 18 years old and I have been building e-com...
Dane Kania
Strategic ways real estate agents fund investment properties
So, I'm a new agent to the salt lake area. As we all know, being an agent can provide many advantages to building your investment portfolio. I'm currently working on my first live in flip and looking for strategic mov...
Jonathan B.
House with Equity, Paying off arrears and creating a 2nd mortgage
Here's a casein FL - Seller in foreclosure has 120k principal @4%, Shes 10k in arrears, house is worth about 250k, good condition.She wants to stay at the house, but doesn't mind selling it if needed.She will likely n...
Gustavo R.
Zipcodes to stay away from
Hello everyone,I started looking around some properties to wholesale in Baltimore MD and I live in Toronto, Canada. I would appreciate if you guys could tell me the zipcodes that I should stay away/dangerous neighbor...
Oliver Martin
Primary residence tax exclusion when you sell
Hi everyone. Just wanted to clarify. If I lived in my primary residence from September 2012- December 2015. And I rent it out from January 2016- December 2017. Do I still qualify for the 250k tax exclusion if I sell...
Sheng Wong
Does lenders subtract paper rental losses from your W2 income?
Hi,Aside from my primary residence property I have rental property that is generating profit before depreciation, but shows a loss after depreciation. Will that affect me negatively when i try to get another mortgage ...
Samuel Hudson
Weehawken rent registration
Hello friends I am new the market and recently bought a home in Weehawken 6 months backs .Its a three family home and we are currently doing renovations Right now.The rent leveling board told me that two units would h...