Rob Glover
How to get out of Cashout Refi Purgatory? - any ideas
Hello BP, First timer here, and trying to use Delayed Financing loan to refinance an rental property I just picked up (cash purchase). The issue I am having is that some of the funds came from my wife's account, not j...
Lucas S.
Non Qualified Use Exemptions
Currently i am working through the tax issues (qualified vs unqualified use) with having sold my home in VA and finding it a lot more difficult to get a clear answer than i thought. Hoping someone here has dealt with...
Emmanuel Fregene
Refinancing out of a HELOC
Hello, all!I’m trying to get a better grasp on HELOCS as it relates to the BRRRR strategy:Let’s say you use a HELOC to buy a property. Once you’ve done the rehab and rent, how exactly does the process of getting your ...
James Wilson
How long before you can move out after using a bank for a mortage
(Newbie here) How long do you have to live in a house if you have a mortgage with a bank?
Matt Sora
Overleveraging yourself in Real Estate
Can someone give me a good example of how someone could overleverage themselves in Real Estate. I just don't understand how this could happen because wouldn't the bank see that and not loan you the money for the deal?
Account Closed
Possible to avoid Capital Gains Tax by moving into property?
In regards to the IRS rule(s) that allow single/married individuals to realize a tax free gain on real property sales up to $250k/$500k so long as they live in the property for 2 of the past 5 years, is it possible fo...
Frank James
newbie; taxes; sold inherited property
Sold home(2) that I inherited, I'm in Texas, i don't qualify for capital gains tax as I already have a primary home(1). My question is how can I avoid the capital gains tax on home(2)? I was thinking about buying new ...
Account Closed
First rental - Property/landlord/umbrella Insurance
I am planning on renting my first property and I am wondering if property insurance is separate from landlord insurance? Also, does landlord insurance provide enough coverage or is an umbrella needed? Is there a compa...
Justin Goodin
Equity Multiples and What They Mean for Passive Investors
Any time a potential investor is reviewing real estate syndication investment opportunities, they’ll likely come across the term “equity multiple”. Even if they’ve purchased a primary home or a residential rental prop...
Gerald Lord
BRRRR or House Hack
I've done a ton of research and my plan was to BRRRR small multifamily properties to get started. I went to a local REI meeting and met some investor friendly lenders and was recommended that I get my credit up to 680...