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Hi BP Family,I just moved to the Philadelphia area with my wife and daughter from San Diego and don't currently have any true income coming in. I've never done a deal and I'm here to learn the ropes before diving in (...
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Looking for advice on whether to pay off the mortgages on our rentals over the next 5 years or to pay off our primary home mortgage. Not sure if there are advantages to either option considering the new tax laws. The ...
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Hey guys I want to own like in next 2-3 years around 4-5 properties I spoke with somebody and he told me in Florida the creditor can do something and it’s not like other states , so he offered me to do something with ...
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So I have a primary residence that I am converting to a rental so that we can purchase another primary. What kinds of tax ramifications will I see if I sell the property? Is there a timeframe where its better or wor...
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Hi, I am embarking into the house flipping business in south florida. I personally am an electrician from NYC and am quite efficient in home remodeling in all almost all categories. Not that ill be doing all or most...
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I am the 2nd lien holder of a property that is about to go into foreclosure. I have been in touch with the 1st lien holder, and he expects to start the foreclosure process this month. Details below.1st Lien = $195,0...
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Hello,I'm about to close escrow on a situation where I plan on creating a seller carry back note and then immediately selling the note after closing. I would appreciate feedback and opinions on if this was smart or a ...
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Due to my DTI ratio, I had a hard time finding a conventional lender to give me a mortgage on my primary residence after paying cash for the house. A friend of mine is going to be the lender and act as the bank on my...
Any thoughts or suggestions related to buying a house for my college freshman this fall? We are relatively knowledgeable about RE investing but just started thinking about this option as Room and Board at close to $13...
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as part of my marketing ( for rehab deals) i've also recieved a few calls from sellers who owe more than what the house is worth; however not all are facing hardships with payments. I'm currently working with a very m...