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I want start off by saying I think BiggerPockets is awesome. It has a wealth of information and when I search it, I know it's going to return results relative to what I'm looking for. However, maybe it's just me, bu...
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Hello,I"m thinking about purchasing a home that has structural damage to the attached garaged. Nothing that can't be fixed but it is possible that a conventional loan won't work. I know about renovation loans which ...
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Can someone please explain what the use of depreciation expense or depletion on a rental property is? I understand how the number is calculated. I'm a little unsure of the tax implications and how that works. It ju...
Not sure if this is possible: I am looking for ideas on how to legally add someone (or an LLC) to the title of a property without necessarily having to obtain a new loan.
The background: My partner currently owns a ...
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I'm a broker in Oregon and Washington, and I'm trying to wrap my head around wholesaling. Please point me in the right direction of a post that answers this, or chime in. These are the steps, as I understand them:1. I...
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I have zero mortgage on my current home. I have an opportunity to buy another house and assume a 3.375% FHA loan. I’d need to borrow about 50% of the value of my current home to fund the remainder of the price of the ...
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this post is not promoting them i'm legitimately an aspiring wholesaler considering using them. I'm finding it hard to find reviews of them online. I saw someone on here mention them and their prices are actually pre...
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Do I need a NDA?The seller wants proof of funds prior to signing a 30 day contract. If I'm doing a 30 day contract, that gives me time to find lender or do I need loan approval upfront.Thanks
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Hi:My tenant in Cumming, GA has been living in my townhome for the past two years. We renewed the lease last year for 12 months ending 3/31/2021. This lease has a provision that it is automatically renewed for 12 mont...
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Hello! Fellow BPsOver the last 4 years besides real estate investments , I have done a few investments in syndicates. As per the schedule quarterly I do receive the distributions and at the year end I do get the K1 wh...