Jacqui Myers
Lower Mortgage Rate for house hacking?
I recently bought my first home that has an ADU we plan to rent out. I have heard that if you live in one unit and rent out another, you may be eligible for a lower interest rate. Is this in fact true? Are there any s...
Orien Kuang
MTR in a 4 unit building
Hello fellow MTR hosts! We are looking to set up one of the 4 units in the building we are buying in DC as a MTR and have some questions.1. Anyone self manage remotely with a contact in town, but not a full on propert...
Josh Gregory
Avoiding capital gains through buying rentals?
I buy and flip houses as well as by rentals throughout the year. Currently, I am set up under two separate LLCs for protecting my rentals in case I get sued over a flip. However, I have been thinking… If I flip house...
Nick B.
How objective or subjective is apartment classification (A,B,C)?
Hello BP,Are there any specific set of features that must be present or absent in a certain apartment class?Here are few items that I sometimes get confused about:Age: 0-10 - "A", 11-20 - "B", 21+ - "C" - this is a ge...
Bill Wills
1031 exchange rental property for RV.
I have a condo that is a rental I would sell if I were allowed a 1031 Exchange for building my retirement RV.Anyone know if this might possibly be allowed?
Will Stahl
Posting 'We Buy Houses' on Craigslist - What section do you use?
Hey everyone,For those of you who post 'We Buy Houses' ads on craigslist, I'm curious which sections you post in. I'm posting mine under the section and subsection: 'Housing' -> 'Real Estate Wanted'. However, I'm n...
Syed Ahmed
Commercial loan rates
Hello everyone, I'm in my first purchase journey. At this stage I'm looking at financing. So far, looking at conventional loans, commercial since the property is in my LLC. Current rates that two banks have gi...
Kunal Mishra
House Flipping is being a Developer or a Builder?
Hello BP friends,I have been flipping homes in Northern NJ for a few years now. Done very quick minor fixes to additions to complete gut to knock downs.I am sure other flippers have similar experiences, so my question...
Abdul Rauf M.
Selling a house that was initially bought as a Modular Home
Hi all,My question is mainly directed to the realtors here.I have a lot that I am intending on demolishing the present house, and then placing a nice modular home on it and eventually sell it off. Doing up a new const...
Max T.
Excited about my new project
Here are the nuts and bolts of it..... Scheduled to close in <2 weeks.Duplex in the Germantown neighborhood on Philadelphia.Purchase price 160kJust appraised for 215k.Needs about 40-45k in rehab work total. Mostly ...