Jessica Long
Analyze this property with me? DMV area
Hello! My husband and I are entering into real estate investing. We are looking at this property to purchase as a rental. We will be buying from family and likely getting a gift in equity once appraised to cover the d...
Patrick Forelli
Investment property without it affecting DTI
Hello BP community.I currently make 125 k a year and I own 1 property that is performing well as an STR.I dont have the upfront cash to purchase another for a down payment but my parents are interested in financing my...
Brandon Hall
Bring Your Tax Questions
Hey Folks,April 15th is right around the corner and I constantly see the same tax questions pop up in the forums. Hopefully this thread can help serve as a running list of real estate tax questions and answers. Ideall...
Account Closed
Property sitting
If a property has been uninhabited for 5-6 years because we were waiting for the housing market to go back up before selling, is this property considered to be for investment in which case it would qualify for a 1031 ...
Jelani Fearon
Short on money for FHA Downpayment
Peace to the forum. So my partner and I recently got pre-approved for 224k from a direct lender and he suggested that we get an FHA and put around 7k down on a property. The problem is we’re short on the money. I aske...
Kyle B.
Who to market to for properties in trusts
After driving for dollars, a few of the houses I identified appared to be in trusts based on the county website. My question is how do I identify the best person to contact regarding the potential purchase of these ho...
Stanley Dean
Best Tax Strategy to Get Benefit using RE for Youtube Income
Best Tax Strategy to Get Benefit using Real Estate for Youtube Income to offset YouTube income for a 16 year old in Maryland, Please advise what are the options available that can be used. Also can anyone recommend a ...
Cristina Hermes
Property LLC transferred 100%. Mortgage Loan is on another member's name
A property deed is on an LLCThe mortgage loan is on the name of the one member of the LLC. This person would like to gift the property.Can 100% ownership of the LLC be transferred to a new member, and the mortgage lo...
Victor Hernandez
House Hack / Live in Reno
Investment Info:
Small multi-family (2-4 units) other investment.
Purchase price: $224,900
Cash invested: $15,000
House Hack / live in renovation. One side is producing significant rent while on the ...
Zachary Himes
How to come up with down payment for conventional loan?
I am 22, fresh out of college, just landed a full-time tech job. I have a lender who will prequalify me for a mortgage of 450,000 or so (3.5% down or about $16,000). I can afford the monthly payments on the mortgage, ...