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Now that the interest on a HELOC isn't deductible on a primary anymore, I was wondering if it could be deducted as a rental expense if used as a down payment? I'm about to make an offer on a single family home using f...
Hi everyone!I'm new to biggerpockets and have been trying to find a private or portfolio lender who would be willing to finance a ~630K duplex in the greater Boston area that we would want to keep as a rental property...
I just need some feedback, I’ve done my research and I thought I hadn’t my game plan figured out but then my broker told me otherwise. Can I buy a duplex (2 units) With an FHA loan and put 3.5% down if I am going to o...
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Hi all,
I am preparing to acquire my very first multifamily rental property.
Here is my question:
Is it really worth it to find a mortgage broker when I can simply go to a bank or a credit union and ask for a 30 ye...
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I'm looking to get my first multi unit rental property. I want to do the BRRR strategy, would I be able to do using a 203k loan or would I need to obtain different funding? Thank you in advance.
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Hey BP,
I am looking to start an LLC with my father as a Co-Owner in order to purchase a 4-plex with hard money. My question is will this require me to file a corporate tax return due to having a co-owner? Also will ...
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My wife and I are relocating to Waltham, MA from New Haven, CT and are blown away by the rental prices (not in a good way). Even with condos being as expensive as they are, the mortgages would still be far cheaper tha...
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If I pay cash at a foreclosure auction.. can i get my money out with a conventional FHA Mortgage. if yes how much %. I would like it all except a small down payment. I will live in the house.Will the mortgage be based...
I purchased my primary residence 1 year ago in Los Angeles. I went in with about 25% down, and made some renovations. I lived in the property's guest house and rented out the main house. The property is probably ~70% ...
Hi Everyone,My name is Matt and I’m completely new to the real estate game. My girlfriend and I have been looking at properties around our area (New Haven County). I got preapproved for an investment property mortgage...