I recently purchased my first property in Saginaw, Michigan...yes I know, LOL. However, this purchased was not for an investment as for more to get a place for my mother to watch over my grandmother as she begins to m...

I am trying to obtain a $100k HELOC on a $200k out-of-state investment property that I own free and clear to use as a down payment ​for a new home that I will live in. WF recently rejected my application. Some of th...

Hello BP,Looking to buy my first investment property and was wondering if I were to purchase a home, live in it and rent out rooms to my friends, do i have to pay taxes at the end of the year on the income i receive f...

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $170,000

We turned a gift from a family member into our first real estate investment.

What made you intereste...

First, some background info; I am working on buying my first rental property. I am planning on financing it with a home equity loan on my residence which I own outright.  This all hinges on the pending appraisal of my...

Hello there ! I’m looking to do a 1031 Ex w 300k down and 650 purchase price can anyone suggest areas that might cash flow w these numbers ??? Thank you ! I own single family homes but would love to venture into a mul...

Hello Everyone!,I just found BP in the last 6 months and began listening to podcasts while "commuting" 6 hours each way from Atlanta to Raleigh-Durham.  I'm now only commuting 1 hour back in Atlanta, which is great be...

I am a first time home buyer and I'm looking at a 5 bedroom 4 bath home in a small town of about 20 thousand. The home is in a low crime neighborhood that is about 5 blocks from a grocery store, strip mall and public ...

I need help understanding the tax consequences of buying my parent's house pre-foreclosed home.  As far as deals go, it is an excellent deal for me.  I just don't know if there are additional tax complications since d...

Hi Everyone,

I am new to mobilehome/manufactured home investing and have an interesting question. I recently purchased an older mobile home from a private owner and just found out that the park placed a lien against...