If buyer has past due child support, and at time of sale are the proceeds from the sale in danger of being taken away?
I am looking to decide whether or not I should pay a larger downpayment or get more financing and pay a smaller downpayment. I was reading on BP and it seems like people calculate the ROI as higher if they make a sma...
Hello BP,During a casual drive for dollars I came across a house that has some tell tale signs it's abandoned. (out of control lawn, broken awning, looks like nobody has been home).So I decided to go to look up the pr...
I rented to a guy in Feb. All of his references checked, had a good local job, was divorced but getting remarried, plus he was a nice guy. I have three things I emphasize...Rent is due on the first, no pets, no smok...
Hi all. I'm wondering what you guys think about using personal line of credit to put downpayment on my next rental. Does it make sense to use cashflow from the property to pay off credit? #ASKBP
Hello,
I have been jumping around in the Colorado Springs real estate market, looking at both single-family and multi-family homes to begin my real estate career. However, since I am not married, the military does no...
We currently have a $125k Heloc with Pen Fed interest only payments at Prime + 1% secured by a 2-unit rental property. Initially we got the Heloc setup with the intention to do remote BRRRR or flips, however my wife n...
Wouldnt it be better to buy properties in places with a low price to rent area?
In other words, cheaper houses with the highest rent?
Am I off here?
As I accumulate SFHs for passive income, I'm wondering if I need an accountant. I've always done my own taxes (including a single rental) using TurboTax. I'd love to hear folks thoughts on the pros/cons, especially ...
I’ve got cold feet on putting in my first offer on a small multi family. Triplex $185,000Rents $1,650 (combined)$3,000 rehab neededI have a friend who will loan the down payment at 6% interest only until I can refinan...