Hey BP members!As I prepare for my first house hack I'm coming up with new questions regarding how to make the process more efficient. I plan on renting out the bedrooms in a 4/2.5 SFH.1) Would it be a good idea for m...

How does the draw process/schedule work when borrowing from a private lender (in as much detail as possible)?Including:1. After having the property inspected and appraised 2. Closing on the purchase 3. Draw scheduling...

Here’s what I have. Lady has stopped making payments on her home in Dec. after 5 years of on time payments. Health issues, can no longer afford the home. Has left the home and lives with relative now. Last week a sher...

I am currently looking at a deal in Essex county New Jersey it is being sold to me as at a 7% cap. Its 41 unitsin 6 properties the net operatingincomes are as follow $76,844, $111,517, $35,257, $42,412, $51,792, $46,...

Hello BP!I’m currently on the hunt for my first house to flip. However I am a little nervous about getting my first deal during these strange times. I am curious if any flippers out there have been experiencing large ...

How can I prove 750 hours of work, and more work than my W2 job in order to qualify for maximum deductions when filing my income taxes? I want to reduce my federal income tax to zero. Are we using a time log? What is ...

Hello fellow Cozy users. I like the way that Cozy handles the tenant application and screening process but I’m stumped about how to handle employment verification paperwork. I’ve been sending those out separately via ...

I'd like to be at every BPO that is done on my properties. How are guys doing this? If most of my properties come from Realtors, will said agent be told when the BPO will be? What if I'm dealing with the homeowner ...

My question is in regard to what the government secured loans define as suitable. The property is three structures. One duplex that is 3/2 on each side. Two single-family that are both 2/2. They are co-located but wir...

There’s a lot to this story but for simplicity sake, let’s start here. A claims adjuster said , from their inspection of the home, that some of the attic insulation is of mineral fiber and likely asbestos. There are n...