I currently own a 5 bedroom 3 bath home that I am house hacking. I am at the stage where I’m looking to buy my next primary residence but I’m trying to figure out how to manage the first one.. how is everyone else do...
Does none know if there is n income level at which you are not allowed to take tax deductions fom RE? Ex. If you are a high income W2 employee and want to start investing in RE. How does he 86 tax law effect you? Can...
Does anyone have experience using this site? There's a property I would like to bid on however everything I find about this site makes it seem like a scam. That being said, people are very inclined to post when they h...
Hi Everyone - Looking for advice!My section 8 tenant at a property of mine in Michigan has stopped paying her water bill, ending up in an outstanding balance of thousands of dollars. My property manager has approached...
I had a borrower come to me with a request for a hard money loan this week. We are asset based lenders, so we lend primarily on the value of the property, and not on the ability of the borrower to pay us back. However...
BP Fam! I have a property with over $80K in equity. I would like to rehab the property. Rent it out and refinance. The mortgage balance is $26K (-/+). The rehab + landscaping = $65K (approximately) Would it be better ...
Hello all,I wanted to refinance my mothers home in my name however, apparently according to my conventional lender, she would have to sell the property to me and I would have to complete the transaction as a purchase....
Has anybody on BP had any luck with transferring from flipping houses to flipping and holding notes. Seems like the next step for me since shorts sales and REO has dried up. Any opinions on this subject would be appre...
My spouse and I are partners in our real estate ventures. I’m the analytical, behind the scene kind of person and she is the typical outgoing latina and spoke person for our business. After having 5 SFH, we decided to...
Hello guys just need to get some advice as for my route to getting ready for investing in real estate. I feel like it would be a good idea to clear all my personal debt before I even begin. I'm 27 and I had a stude...