I'm in the learning phase before buying my first rental. I'm thinking I will do a fourplex, owner occupied. I've found a target neighborhood where the numbers (1% rule, 50% rule) seem to work and the tenants are des...
Just want to get a consensus on how deals are being funded, & which part of the deal? My personal friend will be funding 80% of the cost of my first property. I'll be funding 20% plus any improvements. Are you guy...
I started an LLC for the purpose of wholesaling. I haven’t successfully wholesaled anything yet, but I’m about to purchase a rental property. I expect to still wholesale some properties in the future. I know of severa...
We are in the process of purchasing a investment 2 family house. I would like to know what can be deducted or depreciated from the closing costs expenses ?
I would like to purchase a note from a company I have been in contact with. I do not know them besides having a few calls with them, they seem legit but I wiring a large sum of money to an entity I do not fully trust ...
I showed my property to a couple who gave me a story about they are closing in the sale of their home in the next month. There goal is to to down size and would like to rent for a while.Something didn’t feel right so...
Hi everyone,I keep going back and forth on what to do and I need to give this applicant an answer soon. It is a non-married couple. He has a credit score of 610 and a few delinquent accounts on his record. He wen...
I've been doing flips and buy and holds for a couple of years but still end up using hard money. How do I find a private lender to finance my deals?
Often, I come across houses where the owner filed bankruptcy if it is recent or even 6+ years prior. I understand the bankruptcy addresses the mortgage but according to the state records they are still the owner of t...
Hey BP Community,I'm starting to sift through some properties on the typical sites - Redfin, Zillow, Realtor, etc. But when I find a potential property, instead of sending a letter to property owners who may have no i...