Bryan Plumb
normal (current) loan origination rate for an investment property
Hey everyone,
We are buying a condo in Hawaii and received our estimated closing costs for our pre-approved loan. This is our first investment property, but I did know to expect higher fees in general. However, was c...
Trevor J Dammon
Taking Physician loans with 0% down
I am looking at purchasing my first property, a duplex, to live in and rent for a few years. Eventually I will move into my own place and keep the duplex as a rental. I have the option to take physician loans which r...
Brett Baginski
Duplex Question- Almost Break-even Cash Flow
Hello all. There is a property that I want to look at that has been under contract and back on the market twice already, listed at $265,000. It is in an improving area, right next to the waterfront and downtown, and...
Angelo Cortez
Claim paintings as furnishings for STR for Schedule C?
Hi BP Community,I collect paintings. Paid ~3.5k of paintings last year. If I put them in my STR, can I write them off on my Schedule C?
Dan K.
Need advice on how to arrange a backhouse deal?
My 1st post so please be gentle. Who am I kidding, no sugar coating, be brutally honest. I need to hear good, bad & ugly and anything else I haven't thought of. Thanks.Just the facts:-Owner has a property where he...
Grant Otting
Tips for My First House Hack?
Hey, BiggerPockets members!My name is Grant, I have recently been studying real estate and planning for my first deal once I'm out of school. Currently, I am saving money for a down payment once I have a deal lined up...
Tyler Rowland
First Time Home Buyer Assistance Program
Today, I wanted to highlight some of the features for the First-Time Homebuyer Assistance Program in Utah. There has been a lot of Buzz about this program and what it does for first time homebuyers and when it is appr...
Nicole Smith
Commission and DTI ratios
My husband makes a small amount of commission from his job. It gets paid out quarterly (March, June, Sept and December). Our LO asked for his YTD commission which is $0 because he won't get paid out until late March. ...
Syman Scarpellino
Finding guidance not “Gurus”
Hey BP, this is a little bit long so thank you up front for the read. I’ve spent the past 3 years building a decent portfolio in California and Indiana. I started with about $20,000 and $50,000 in equity from my prima...
C Price
Capital gains tax rates?
In 2020 my wife and I plan to test retirement by living off our rental properties. I'll be quitting my 20 hour/wk day job because I think we now have the cash flow to retire. Our income (including wife) will be droppi...