Justin Dziedzic
Landed my first deal - help calm my anxieties and analysis paralysis please
So as the title states, I just landed my first deal. 120k property, appraised for 128k and I will be adding new carpets, paint etc - just some light rehab. Mortgage, taxes, ins, etc will be about 1k (requires flood in...
Arthur Voskanyan
Apartment Buildings vs Condo complexes ownership
I need some clarification on purchasing a residential apartment building (10units+), or a condo complex? Does the market offer commercial complex condos of like 10units, to where you have full control of the units? Th...
Christian G Leone
Best loan options for a multi-family house hack
Hi All,I will be purchasing my first property within the next few months which is going to be a house hack. I have my eye on a duplex for $420k in North Jersey which seems like a good deal on paper. Would it be better...
Jack Yvars
Refinancing help and question
Hi, what is the % I can take out of a home if I am refinancing an investment property? I’ve heard it’s 80% but a loan officer told me 70%? Anyone done this and know the answer?
Connor Fogleman
Landscaping in Florida
Hello! Looking for some tips on general landscaping and making a low maintenance style yard. The property has terrible grass but a very large space that is completely open and fenced in.Any tips on a cost effective w...
Amber Littlefield
Pay cash or finance
Hi everyone. Just starting out. Thinking of buying new construction. My question: is it better to pay cash for one or put minimum down payment and finance 2-4 properties? It seems like the income is significantly redu...
Chanel Oldham
Just purchase my first property with $5,000 in CASH (DETROIT)
Hello BP Family,I just recently purchased my first property. It is a distressed HALF Duplex in Detroit, MI (my hometown). It was a cash purchase and I've done some renovations with cash as well. I want to take some...
Tom E.
Tracking Software For Material Participation (Taxes)
Hi Forum, I'm about to close on my first STR and plan on materially participating >100 hours this year as I'll be working on the property and plan to rent it the last 1-2 months of the year. I've read the qualifyin...
Andrew Aladjadjian
Selling primary with tax benefits - timeline
Hi BP,I understand the tax law regarding owner occupancy for 2 years out of last 5 for tax implications when you sell. What if you have been living in a property, have not been on title, but you do have evidence that ...
Michael Webster
Licensed agents
What are the biggest obstacles that a licensed agent face when tring to get into investing? Wholesaling to be exact. Thanks in advance.