Bianca Kwon
Buy a primary home first or not
Hi everyone! Just a quick question so my husband and I are currently renting a basement apartment with our 13 month old. We are saving for our first home and hoping to buy next year but we also would like to invest in...
Drew Slew
Buy 2nd home with credit card
I just bought my first house 2 months ago. 750sq ft 1bedroom (layout makes it 2bedroom) in Union City, NJ, 145k, put 30k down, 30yr mortgage for 3.5% rented room for $800/m, total cost PITI+maintenance is $1100. Its m...
Mitch Messer
Psst! Wanna Buy a Half-Priced Lambo?
Even if you had NO idea what a Lamborghini Huracán was worth ...... what would be your IMMEDIATE response if I offered one to you at half-price?I'll bet it's one of TWO thoughts:😮 There's something WRONG with the car!...
Benjamin G.
You won’t be able to answer this land subdivision question
If I have an option to purchase land, what am I able to do with it while it's under contract?
Can I subdivide it?
Can I turn it into a mobile home park?
Justin Sherman
Advice on townhouse transfer from family member. (northern virginia)
Hello, I'm looking for options/opinions/ideas on how to basically take over ownership of a retiring family members townhouse in northern virginia, for the purposes of renting it out long term.You probably ask, "Why do...
Evan Hauler
Borrowing money from relatives
Hello everyone!I am looking to buy my second property, I purchased the first using a bank loan. Now my parents are wanting to buy the next one in cash, due to high interest rates. How best do I go about doing this? Ar...
Dennis Tan
LLC on deed but not on loan, can LLC claim mortgage interest
Hi Bigger Pockets family,My question is related to the mortgage interest deduction. I purchased a condo with a personal loan (conventional mortgage), but would like to pass the ownership to my LLC (in which I have ano...
Tajhay Simpson
My plan at 18 year old
Hey, I recently turned 18 and I work in the HVAC field. I live rent-free and plan to save up for the next two years to put down 20% and get approved for a conventional loan for my first long-term rental property. Do y...
Riko Yap
Dad gifted me $150k Down Payment on House, can I pull equity?
Hello! My brother and I just purchased our first home this past August 2016. Our parents gifted us $150k for the down payment on a $510k brand new track home in Tracy, CA. The $150k gift from my dad was money he pulle...
Jon Q.
How to pass 1-4 unit investment properties to children
How can someone avoid probate and the due on sale clauses when passing 1-4 unit investment properties to children? What structure works?I'm most interested in hearing from people who have actual experience and have b...