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Does anyone know whether you need to be licensed to invest in non-performing notes (1st lien) in Maryland? I called Maryland State board and was told that as a company (LLC or solo Propritership) I am required to have...
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All London property investors I would like toncreate a group where we can all talk and share knowledge.
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Single family home in class C area: Buying for $141k $20k solar loan paid @ $90/monthRehab of $12k to get rent ready Rent amount of $1,250/month Would appraise for $200k _________________________So, all in at $154k, w...
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I've been looking at a deal that apparently has 2 properties on the same lot. When I look up the tax info. I get one record as the primary property and another as the primary and the secondary property.... how could t...
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1)At what age did you make your first investment?I am still 20 majoring computer science from a university in arkansas,i will graduate in about 2 years and then 2 more years for masters.Should i start investing now or...
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So after a year of reading everything I could on BP. We finally found a MFH meeting our criteria and are in contract. The proprty is in Colorado Springs, near downtown and Memorial Hospital and has a Single Family Vic...
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Good Morning BP Nation!
I'm in the market for my first home purchase. I'm an active duty service member that currently lives in works in MD and I will be utilizing the VA loan. I've looked around in MD and f...
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I know the mortgage interest and any expenses associated with the rental property are tax deductible but, is the down payment of a rental property tax deductible?If I put $40,000 down on a rental property, can I deduc...
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Piggybacking this great post:https://www.biggerpockets.com/blogs/5070/37244-103...Question #2: Can my spouse and I sell a property that we own personally and buy a replacement property in a LLC that is owned by both o...
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I was very successful in doing over 20 rehabs in my first year. For the first 12 rental rehabs I completed, I chose to go the route of refinancing these through a portfolio loan from a local bank. This ended up being ...