Jason H.
1 year tax return for conventional mortgage
A few weeks ago I left my w2 job of 7 years to start my own electrical contracting company. My biggest concern is showing enough INCOME for 2017 (when applying for conventional mortgages in 2018) to be able to qualif...
Derek Gagnon
To Refi or not to Refi....that is the question!
My wife and I recently(June 2016) rented our home in MA and purchased a new home in a better school district in NH. We have what appears to be great tenants and a 2 year lease agreement in place that earns us $400 in ...
Eric Hyde
Has anyone heard of ABC Capital Group
Has anyone in the real estate note investing world heard of or done business with ABC Capital Group out of Atlanta, GA? The person I have been in contact with, Christopher Armour, seems to be the only person in the c...
Joshua Pfaff
Reselling
I am in the process of purchasing a wholesale property and I have it under my personal name. I was wondering if I could "transfer" it to a LLC name that I make for whenever its time to rehab and resell it so I get tax...
Austin Stoltzfus
New Member Introduction
Hi BP community! I'm excited to be a new member! I'm currently deployed overseas with the Army, but when home I live in the south-central Pennsylvania area. In addition to learning from BP, I'm also an Active Duty Pas...
Jack Pomerantz
Sell or RE-FI? Looking for best way to free up cash
9 newer condominiums purchased for cash at 40% below appraised value. What is the best strategy to free up cash?Sell off enough units to recoup expenditure?RE-Finance at appraised value?Only 2 units are rented out. ...
Patty Harris
Financial planning; CPA; capital gains taxes
I don't currently have an accountant; I have been a devoted Turbo Tax user for over 15 yrs. I even (I think, I got a refund) got through the forms for my duplex purchase in New York last year.I would like to find a CP...
Jeff L.
Do investment mortgages typically have higher rates than primary residence?
I'm a first time investor looking at SFRs, and I'm noticing that the rates I get for "investment properties" (rates in the high 4%s) are higher than rates I would get if I were buying a primary residence that I'd live...
Marie Eisley
Looking to house hack first multifam home in the Bronx
Hi BP! I'm pretty new to REI but I currently own a 3-bed single family in the Bronx that I rent by the room. I put ~7% down on a 30-year conventional loan in 2019 and have been living in the basement there. I'm lookin...
Chad Day
My First Deal
I really want to get in to renting out properties. I live in a small city(35k) in Wisconsin. I've found a few single family properties I'd like to buy and rent out. Here is the best one I've found.
It's a ...