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Hi Everyone! A good friend of mine is looking to purchase a home in Westchester County after living in the city. They are having trouble getting a traditional mortgage (this will be their primary residence) because of...
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A fairly specific question. I have a multi-member LLC in Ohio that my parteners and I use to own single family rentals. I am working on filing federal buisness taxes for the LLC in order to generate K1s, etc. But the ...
Hello everyone. Semi-new member here. I've been lurking for the better part of the year. Reading the forums. Listening to podcasts and reading books. I'm in a very peculiar situation. As an active duty service member ...
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Hey BP friends,I took finally took the leap a few weeks ago and purchased 2 SFRs, i used a personal loan to finance them both.House 1: Is a 4/2 1600sqft. Needs 19k to rehab. Will take 8 weeks to rehab. ARV based on re...
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does anyone know the legal process that an hoa has to go through in south carolina to change building restrictions. there is a subdivision that has had restrictions in place and recorded for almost 20 years. the cur...
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Hi I have a deal ready to close but the seller can’t find his Inc. docs., I have his EIN #, searched the PA site, original title company that he purchased with, and current title company is at a standstill. Any sugges...
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From what I gather, you have to pay sales tax (state + county) on commercial rent.I dont understand how they calculate this if the state/county are not part of the rental contract?
Hello,
A friend and I have agreed to go in on a SF property to live in together for a few years. We then plan on renting it out. We will be contributing different amounts of up front equity but splitting the mon...
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Hello,
I am trying to gather opinions. I have a friend who recently reached out to me and told me his realtor he is working with sent him over a portfolio of section 8 housing. All of the homes when I looked over t...
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I'm In the process of sending over all the paperwork for a new loan, is it normal that they require the ACH form so early in the application?
I've been through the process a few times and normally the ACH form is co...