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Results (10000)
Steve Holly BRRRR - the refi and repeat is stumping me
3 January 2019 | 10 replies

Hi all, trying to wrap my mind around BRRRR.  It all seems straightforward enough - Buy, Rehab, Rent, Refi, Repeat... the part I'm having a hard time with is the refi and repeat.  Since banks use debt-to-income to qua...

Kevin Kendall Scedule E, Scedule C or 1065 partnership
22 November 2015 | 6 replies

My wife a I are buying our first rental property and I am trying to figure out how to file our taxes. We will transfer the property to an llc. We live an the property is in co which is a marital property state and the...

Sheila Villacampa How to appeal to private lenders
2 March 2016 | 5 replies

Hello BP,
I am inching towards rehabbing my SFH that I purchased cash in 2014. After trying 2 conventional rehab loans that were denied due to high debt/income ratio, I am now trying to get private lenders from peopl...

Cameron Rouse Financing for Newly Self-Employed
14 May 2021 | 3 replies

I'm looking to purchase rental properties but have been self-employed for the past year and have been told by 1 lender than there is a 2 year minimum. I'm a RE Appraiser and have been this for 5 years. 
I'm curious h...

Ely Lenik To Accept or not Accept...
23 October 2020 | 5 replies

Need some advice from veteran landlords. I have a female applicant for an apartment in a 2 unit house who with 2 little children who is currently going through a divorce. She's had a good stable job for 15 years and...

Joe Johnson Leaving W2 Job and Getting Bank Loans
4 September 2021 | 2 replies

Hello Biggerpockets,
I'm wanting to leave my w2 job as I've managed to grow my rental portfolio to 16 units providing 50k net income per year.  My one snag is that when I talk to my local banks, they say they will no...

Trina P. Transitioning out of a full-time job into real estate
12 February 2020 | 5 replies

My husband is working full-time at his job which pays well but is full of stress and long hours making it difficult to spend enough time on real estate. We want to get him out ASAP and transition him into working full...

Roberta Marcos Marcos Taxes - Not a RE Professional
26 February 2020 | 6 replies

Hi all,
We just backed out of purchasing our first investment property as it needed a new roof (per the property inspector and 3 roofers) and he refused to submit an insurance claim (saying the roof has 10 more years...

Kevin Smith 1099 employee thinking of starting and using S Corp to buy house
2 May 2020 | 6 replies

I am a 1099 “self employed” musician out of Nashville. I’m wanting to house hack ASAP but I show so little on my tax return that I would not get approved. I’m looking into starting up an LLC taxed as a S Corp to relie...