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Good afternoon Bigger Pockets members! We are a start-up partnership Real Estate Company and I have a question in regards to taxes as it would be our first year filing. Our partners (married-couple) put forward person...
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I have a house in TX that I own subject to. I'm looking at possibly re-selling it. Are there any restrictions on re-selling it also as a subject to to a new purchaser?
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I was contacted by a guy from Connected Investors. The following in Italic was his first message to me. As a private lender myself, i knew immediately it was too good to be true. But I still played with him till he a...
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I was part of a flip this last summer where I supplied some of the funds for purchasing materials. We agreed to do this as a loan at 10% but was a handshake agreement which was paid up. I was working as a contractor/p...
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Has anyone financed a rental property based on rental income only? No W2's
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Hello Everyone, I was playing with the rental calculator and I noticed a part of it that asked if you would like to wrap the loan fees/points in with the mortgage. That had me thinking, because it had never occurred t...
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Hello everyone, I need advice in reference to using a HELCO or Bank Construction loan to build a new home. I have a lot and I want to build a new home on it as my primary residence. I currently own a home with a lot o...
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I was recently told that I don't qualify for a conventional loan because of my debt to income ratio due to college loans. I don't have an astronomical amount of debt and no other debt besides my wife's car payment and...
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Hey guys,Long story short, I finally find a property that will work for by business, but as is the norm (in my experience) with Commercial RE, the seller is an old inflexible guy that wants it quick and easy. He says ...
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Hey BP people!I am in the process of relocating to Northwest Indiana into my first house-hack and I want to start BRRRR investing in that area as soon as I get settled in. Most of my uncertainty is around the hard mon...