Anyone have banks they would recommend for a 2-family investment property mortgage in Watertown, NY? Willing to work either with a local bank or a national one.I just had an offer accepted there and I'm trying to figu...
Hi! I will appreciate some help on the following scenario. I want to buy an investment property (townhouse) for $120k now, which would be rented by $1,400. Assuming that prices will decrease with the next crash? in 4 ...
Hi everyone, I am Freddy Koenig. I am a recent Pro Member on BP and have probably listened to about 100 podcasts now in the past 2 weeks which have been a great listen. I also just recently purchased David's BRRRR ebo...
I know this may sound like a silly question. But what do I do when I can't find any comps for a particular property. Ive went sales in the past 6 months. Then i stretched it out to sales in the past year. I had a real...
I would like to make use of the special allowance. However, I would be filing as head of household. Would that mean that I would only receive a $12,500 allowance?
This is what the IRS writes:
Special $25,000 allow...
I was speaking to someone about there rental property and they mentioned that if they sell one of their rental properties after they retire or have of income of less than $33k a year that they do not have to pay capit...
I just read a story online that states Las Vegas has the highest vacacy rate in the country. When I do buy, my first investment property will probably be in the Vegas area. Is anyone noticing a decrease in vacancy th...
Hello, I'm a new investor trying to get a deal in the SLC, Utah area. I've been watching the market for a while now, and I noticed that since COVID-19 started prices of upper class homes ($500-750k) in good neighborho...
I live in California and I'm debating whether or not I should complete a cash out refinance on 5 properties that I own free and clear. In this scenario I would pull 60% out of each at a 4.69% rate which would result i...
So, I believe I’ve got everything figured out on how to look for deals and how mortgages work and everything. But my main issue I’m struggling to figure out is how some people managed to afford their first house when ...