My Parents divorced with a house worth approximately 600k. There's a 200k mortgage left. My mom wants $150kish to buy out her half of the house. Me and my father currently live in the house. He has enough $ for the re...
I just rented out my first rental! I kept the application paper short and didn’t state qualifications on it. I did give verbal qualifications that were: gross income of 3x the rent and a credit score of 580. On the ap...
I've read a lot of the forum posts, blogs, and am on podcast 131 (working my way through them), and paying off properties early vs. paying them off over the life of the loan seems to be a fairly divisive topic. Befor...
To my understanding, actually living in the premises, especially being a 3-home or less, will put you into a different mortgage bracket, tax bracket, etc...
Do I need to claim my rental incomes and then pay taxes on ...
My first house flip will be completed by the end of December. I was planning on putting it on the market at completion, but I have been told by others to wait until February/March to list it due to buyers not typical...
We have 9 single family rental properties which are financed through Fannie Mae. You can only have a Max 10 Fannie Mae loans...so we are looking into our banking options so that we can grow our portfolio further.
We...
Hi follow Dallas investors, my name is Ray, I'm an out-of-state investor from California, and I'm considering using my IRA funds to flip and sell houses in the Dallas area. I'm looking for an investor who has done the...
Hello BP,I have been lurking on BP for months reading posts and listening to podcasts, Studying real estate reading books. I worked on my credit (743) and obtained a second job. I also obtained a partner from work tha...
I was just curious, if the experienced investors here had to start all over again, right now, and were able to know everything they've learned along the way, how would you go about beginning?
Hello! I own a duplex, live in one side and rent out the other. I had the previous side rented WAY under value ($850 with utilities included) for the past 2 years. My previous tenants moved out and I currently have th...