1. We did a 10% down payment using FHA loan to buy our first house.-What  I could have done is just put down 3.5% (FHA requirement) only and use the rest of the money to invest in more properties. However, property in...

What do you do when there is small cracks in the garage floor? Inspector is labeling it as a foundation problem. Just looking for some suggestions

I'm just starting out flipping houses in long island. First house I flipped was under my name and now goal is to get everything formalized and really stream line my business. Just formed a new LLC and I'm looking to e...

Hello all,I am just reaching out to the BP community to ask if you have any RE Attorney to recommend that has experience in representing/creating Partnership/LLC structures within the state of NJ New Jersey?I ask beca...

Hi folks, what are the opinions on setting up a separate LLC or an S-Corp for marketing purposes (e.g. to be put on our company website, communicate with brokers)? This entity would not hold property, other assets, or...

All,Quick question... Building a spreadsheet of all my expenditures for my rental property.  What kind of data does the IRS want to see if I ever get audited?  I assume a list of the expenditures with dates, I also a...

Anyone here know any lender (small bank, CU, large bank, no hard lenders) who will lend in individual name less than 15% down for a secondary mortgage (non-primary residence)? We've found SunTrust (ticker symbol: STI,...

Hi all,

This is my first post on BP - I looked around for similar questions/answers and couldn't find a good match so I figured I'd go ahead and post; hopefully this is the correct forum for my question. First, a li...

I have a single family home, 4 bedrooms, 2 baths, single story, 1800 sq. ft. in a nice suburb community in Houston, Texas. I purchased the home in 2009 for 121K and I would like to sell it today for 170K. It has had o...

Hi AllThere is a facebook group in my town that caters to the AirForce who I like to rent to, I don't use facebook yet for this purpose, how should I best do this?  I dont think I want to use my personal facebook acco...