Parker Maher
HELOC vs Home Equity Loan
Hi community,I am looking to get a HELOC or home equity loan. I most often hear about HELOC's so I think that's the best option since it's revolving, however, potentially more risky without the fixed rate.When it come...
Leah Pasco
FHA Assumable + 2nd mortgage or other options to sell
Hi BP community!We have a property that has a great FHA loan interest rate, loan of 270k left. This is currently a buy and hold. We were thinking of selling because we've almost maxed out upgrades to the house (new HV...
Edwin Lopez Reynoso
North Carolina $50K Properties?
I am fairly new/new to real estate and I have a bit of cash saved up. Unfortunately I can't do much with $7K in California. However I looked for properties in North Carolina and I found many properties in Winston-Sale...
Binyamin Pinhas
Mortgage interest tax question
My partner and I are closing on our first home and I have come across a question for tax purposes. Originally, we wanted to purchase the home in an LLC, however, the the rate would have been substantially higher. It w...
Account Closed
Notes in a Nutshell
I kind-of understand what notes are, but as a Millennial I'm prone to distraction and misunderstanding if the exact answer I'm looking for isn't immediately found on one of the first three links Google provides. We ar...
Adam H.
Single family or multiplex
Hi! I have just purchased my first property. It's a 3 bedroom 1 bath in Drexel Park, PA. This area has high taxes but I'm happy so far with the numbers. We have good, clean tenants and I clear $450 each month after al...
Tom Moran
Analyzing a Package Deal
Greetings everyone,I'm reviewing a package deal right now involving 6 properties – 14 units. Most of the properties are in the same neighborhood (D-Class), there is the option to extend the deal to 10 properties – 22...
Eric Copeland
Relative as an agent for HUD home purchase
Can a relative be the buying agent for a HUD home purchase?
Raj Anand
From Software to Real estate
Other than buying my first house in 1999, I haven't done a single real estate transaction. I live in Santa Clara and am software consultant by profession so most of the real-estate jargons are greek at this point.But ...
John Doyle
I have one property (duplex) - do I need accounting software?
We have had our duplex for one year now, and aren't looking to acquire any more properties.Maybe this is a dumb question, but do I need accounting software (Quickbooks, etc.) or can I just do our taxes with Turbo Tax ...