Miko Lee
Refinance? but much higher mortgage payment?
Hi BP members,Last year, I partnered up with my family and bought a $700,000 triplex with a 30-year fixed rate conventional loan. Took a loan of $525,000. I also have a conventional loan on my primary residence. Me an...
Mary Eubanks
Complex Trust & Capital Gains
I have an investment home I will be selling in the next couple months. I just set up our complex trust and have not transferred the property into the trust's name yet. My contact for the trust is saying I can wait and...
Brikkelle Thompson
Looking for a great LTR/MTR platform to list our properties
Hi community!We have single family rental properties in Rockford, IL and have been using Evolve as our PM partner. Please avoid using Evolve at all costs, they are horrendous at best. So, now looking for a new platfor...
Michael Trocchia
99% of lenders CANT give you a straight answer
When applying for a loan on an investment property… some lenders say I need a lease signed (for proof of revenue) to qualify, others say I don’t “necessarily”. It seems it is a gray area to the 7 lenders I asked. Can ...
Lucas Rodrigues ferro
Advice on Approaching Local Investor for Profit and Loss Partnership
Hello community,
I am reaching out to seek some valuable advice from experienced investors on approaching a local partner for a unique situation I find myself in.
I currently own a fourplex unit in Baton Rouge, but ...
Taylor Green
Best way to shield W2 income from rental properties?
Hi,
I was wondering what the best way to shield W-2 income from rental properties is? How much of a taxable loss could I create on a slightly positive cash flow property?
Also, does anybody have any exp...
Nicholas Weckstein
Finding accurate comps
I'm currently in the process of finding a deal to do my first flip. I'm working with an agent whom I trust and as of now we are in the process of finding the right property.
My question is to other investors/flipper...
Craig Osterloh
Commercial Financing
I intend on doing more buying in the next year. Currently I have 4 conventional mortgages. I believe they are Frannie backed. I can consolidate them all down to one, giving me three more frannie backed mortgages av...
Jeff G.
How do I Get a Basment to Count Towards Square Footage in CT?
I'm looking at a house right now that has a partially finished basement but it's clear that the square footage in the basement isn't counted towards the total square footage of the house. If I buy it, how do I change ...
Paul Samuels
What is the process of evicting Squatters?
Can anyone help me with evicting Squatters in the Carson area in California? This is a probate property. What would be the first step? This is a single family home that looks to need a lot of work. Any help would be g...