Hello Bigger pocket!Is it possible to to transfer mortgage to someone else? I bought a house using FHA. Since I want to move to another state, I have a friend who want that property. if I agree to transfer my mortgage...
Hi,Long time reader and first time poster here. I am a recent college grad who has super thankfully just begun a relatively high paying job. Alongside 5 other capable friends who are from my school and also in my ge...
Hi BP,I was hoping for some guidance regarding a 'purchase contract' for wholesale purposes. I have come across a couple of potential wholesale deals in Calgary, Alberta. A number of people have advised me that simply...
I entered into a one year lease with 4 tenants (jointly & severally, and collectively referred to as "Tenant"). The Lease requires Tenant to carry a renter’s insurance policy covering Tenant’s household goods, per...
Hello BP members! I am ramping up to get into seller financing. Would love to connect with all of you who are doing this for their main strategy. Would love to be able to ask questions/ have a mentor. I would also lov...
I'm working with a CPA who is arguing that STR should be considered a passive designation and therefore losses in our holding LLC cannot be applied to my W2 wages (which are > $150k). My spouse and I will be alloca...
We are about to start an llc to start investing in real estate(wholesaling, rehabing, buy and holds). My wife is a REA and will list our houses that we flip in the future. Is this a conflict of interest? Should I just...
Greetings everyone and thanks for your help.Got a question here on the rules to apply for multiple sources of lending simultaneously.Illustration: Let's consider an investor working on 2 deals A and B at the same time...
BP,Just received a property tax notice. Reading the notice front to back, I realized that I can apply for an exemption because I occupy the property (being my primary place of residence). Here is the problem I've been...
Understanding that no Guru really has the "secret" to real estate investing, is there anything that you have gotten from their books/courses/seminars that you haven't found elsewhere?
In my case, I paid (way to much)...