Hey everyone!About 6 months ago, I came across BP and FI and I haven’t stopped learning about real estate investing since then. As a new investor, I feel that house hacking would be my best option.I live in the Chicag...

I am a relatively new investor, just started my second investment property.  To kick things into high gear, I am setting up a self-managed IRA with and LLC, giving me checkbook control.  As I am well down the W-2 path...

I’m thinking about borrowing 20k from my 401k to get started. Is this a smart idea?

Hello BP,We have a SFR in schertz Texas we purchased in 2014. It’s worth about $220k and owe 170k. The reason why I say BRRR doesn’t in Texas is because we are trying to get a HELOC and the banks say it is illegal in ...

Hello Everyone,PS:UPDATED(MODERATOR please move or delete this post if needed this may not be the correct section)I would be interested if you could share your experiences about doing short term rentals such as AIRBNB...

Currently looking at a townhouse property (technically a condo) where there's a solid return (~$350-400 in cash flow after all expenses/vacancy etc) but the issue I'm running into is that the underwriters won't approv...

First things first, I plan on making 100% of my payments, have never been late on a payment, etc. I have 0 expectation of being foreclosed on, but the question came to mind and figured I'd ask as a hypothetical.Say I ...

Has anyone put together a killer business plan and presented it to a lender for a potential purchase of a home for the purpose of STR and been approved?What was included in the plan?

So my I went to fill out the paperwork for eviction of a tenant for both non-payment, and holdover (for breaking things in the lease). Went to file the paperwork with the court to find that the laws recently changed a...

Hi
I have a rental property I am planning to sell and use the proceeds to buy a 2nd home( through 1031 exchange). I know 2nd home use for personal use doesnt qualify for 1031 exchange. However my question is what if ...