So I formed an LLC and opted to be taxed as an S-corp in 2012 thinking I'd save money on payroll taxes when I make a ton of money, well... like most new investors I only made a little... $1,650 I paid myself out of a ...

So, I've got a seller who has had an ongoing divorce for ~5 years. He has 2 properties that he used to rent out a couple years ago, but quit as the additional income would relinquish his benefits for his children. The...

Hello BP Folks,

I am new to the forum and need some advice at this juncture. I am computer engineer by profession and started the real estate investment around 2 years back and purchased 8 rental properties m...

I have rented my condo in august 2013 using property management service.
Tenant paid whole year in advance ( lump sum/single payment ) .

I have received sum of 9000$ from property management and that is aft...

Please explain DTI ratios to me. For example, USDA has a 29/41 DTI ratio. They say that your housing payment should be no more than 29% of your income and your total debt should be no more than 41% of your income. But...

Hello all, I had a question about the FHA 3.5% down payment loan. To my understanding, for instance if it is a 4 unit property, to qualify for this loan, 3 of the 4 units must cover the entire mortgage. Does anyone kn...

I'm a college student with low income, but in good credit range looking to get into real estate. I have someone who sold their rental for a profit and has around 20,000 or 25,000 to use for down payment and also has a...

I have toyed with the idea of getting into rental properties for four or five years now. I have the chance to get started now. I am very green, so any input or questions on the following scenario will be considered ...

Hello All, I have been reading up a lot on Passive Losses lately as we have been looking at some larger properties and considering using Cost Segregation along with that. These purchases would be through LLCs that var...

Ok so this may seem really obvious to most people, but I know close to nothing about financing/lending/mortgages. I never learned anything about it in school, never asked my parents, or anything so it's a huge gap in ...