Connor Lewis
Filing Taxes for an owner occupied duplex
Hello BP community! For those who have ever lived in a house hack (duplex) and have filed their own taxes, I would like some advice. My question comes down to how I handle deductions like property taxes, mortgage insu...
Juan Ayala
Transfer Property to LLC
When transferring a property to an LLC is it better to do a Quit Claim Deed with the County or use a Title Company to transfer?It’s my understanding that it’s best to inform the mortgage company, but what if I don’t g...
Christian Torres
ADU Finally Completed!
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $250,000
Cash invested: $500,000
Single Family Home with detached ADU. Main unit is 4bd/2ba and 1500 sq ft. ...
Chris Dudine
Servicing Company Recommendation for Subject-To
Does anyone have a recommended servicing company for creative financing records, to offer lending agents and underwriters for sellers applying for new home loan?
Michael Moy
Student Loan repayment effect on markets
With student loan repayments set to start back up, I was wondering what effects it will have both on the rental and housing markets along with how large of an effect you think it will be. As far as the housing market...
Leon Darnell
Nervous to make a move!
I am separating from the military soon and plan on buying my first home with my VA loan, looking at having a duplex built (3Bed/2.5Bath each side) seems like building is cheaper than buying and I'm just afraid it won'...
Ramzi Badawi
General Questiones for Loan Officers. Real estate student.
A hypothetical example is all I need.
These are mostly about how the loan officer does business.
a. What is the turnaround time for a pre-approval?b. What hours is the loan officer available for client pre-approvals...
Kyler J Sloan
Sellers Financing: More Security?
My neighbor wants to sell his house for about 630 K but it appears I only qualify for 500 K. I asked if he would be willing to carry 200 K of the deal, and he initially seemed very interested in the prospect of seller...
Cydney Gray
There are good deal everywhere - partner with a good lender to find them
I want to give you guys an example of a deal that is available right now in Oahu, Hawaii. It is a 4 plex listed at $1,175,000. Don't choke on that price! If you got a FHA loan, you can use the rental income to help yo...
Account Closed
Financing First House Hack
Hi BP!I am currently working on my first house hack and looking to finalize the financing for the deal in the near future. I was curious if anyone had any recommendations for financing the deal and give any critique o...