Kisha Queeley
Newbie - Fix and Flip - Purchase Funding
My name is Kisha and I am extremely new to investing. My passion is Fix and Flip but ultimately would like to be involved in Wholesale and Rentals. My question is - How can I purchase my first property without using...
Chalachew Mengistu
Used heloc for down payment. Is the interest tax deductible
Hello BP family,
I have used my heloc, backed by my RESIDENTIAL property, to buy a rental investment property. I'm doing income and expense for this rental property for 2020 taxes. Is the interest paid on the heloc d...
M T Naughton
Is Real Estate a Viable Alternative to Bonds
I know there are generally two camps. Some feel that real estate is a viable alternative to bonds and others feel they are not. What camp are you in? Why are you in it? Note that when I say "real estate" I'm not talki...
Chris Reynolds
Looking to bring on investor to help secure commercial loan
Hi,I am going to purchase a 23 unit apartment building. I have the downpayment, but because I work for myself and write off quite a bit, I can not secure a bank loan. I have an investor who wants to put zero money dow...
Paul Dillon
Need help valuing this house?
First post here have been browsing the forums.
1 bedroom 1 Bath house low income area.
850 square feet
Rents average $300 to $350.
Property taxes run about 200 a year.
Insurance around $50 a month.
Tenant alr...
David Rutledge
Putting properties in separate acconts
I just recently finalized the purchase of my first two investment properties. Both these properties are long term buy and holds. I just wanted to get a sense from experienced investors out there on how you guys go abo...
Christopher Reeder
First Renovation + Hold
Investment Info:
Single-family residence buy & hold investment in Winter Haven.
Purchase price: $68,500
Cash invested: $20,000
3/2 block home in an established neighborhood. Prior owner had tras...
Ryan Barr
Johnson County, KS 203k Lenders
The large banks that I've been getting pre-approved for FHA loans apparently do not offer 203k loans. Anyone know of local banks/anywhere else that does them?
Rian Ash
Investment Property loan from Spouse
HI BP Gurus,Here is my situation. I own 4 properties, 1 primary and 3 rentals, I am the only one on the title and mortgage of all these properties. Now, my wife is looking to buy an investment property which will cost...
John Britt
Looking for advice to put together a 14 property package!
I am looking for advice and direction on a deal that I have 14 properties under contract. I have a buyer that I am under contract with for 8 of the properties. I can get the money to purchase and resale the properti...