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Hello, I am currently looking to purchase my first home. I want to take advantage of the FHA loan and house hack with a multi family home with my brother. We are both first time home buyers. We were thinking of lookin...
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I'm finishing up a small single-family rehab and I'm looking to get my money out of the deal in order to put it into another deal. I'm also considering just selling it, but looking at these options first. Purchased $1...
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What's your favorite credit card/charge card for funding renovations or other purchases on your multifamily properties? Looking more for business cards or lines of credit since spending will be $50K+ per month. This...
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Hello BP!I'm in a somewhat interesting tax situation this year and I thought I'd get some feedback on my strategy (having never done it before). I'll be selling a non-real estate asset (portion of a business) for a si...
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This is a very debatable topic but...I have a self-directed IRA. I have only used that IRA to invest in private notes and hard money lending because those types of investments produce "interest" income which adds to m...
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I see that this has been discussed with real estate, but not much discussion about buying and flipping mobile homes and what taxes will apply. I understand the year and a day holding period for real estate, but what ...
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I have a client interested in using Hometap instead of a HELOC. This is the first time I’m hearing of this program. Anyone have experience or feedback on the product? -https://www.hometap.com/homeowner-resources/how-h...
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BP family, I just purchased a home through seller financing. I have a great amount of equity in this deal. I want to do a HELOC on this investment property; however I am not sure if this is possible. Has anyone done a...
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As the owner of a single rental property, I've been deducting rental losses every year, thanks to depreciation. I never thought much of it, because my W-2 income has always been well under the cap of $100,000 where it...
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I have a great, full-time job with the opportunity to make an additional $15k/year in 16 months. It's a great job with great benefits. However, I have no time to get out and get into properties, meet with other invest...