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Results (10000)
Arsalan Augend Acquisition time for RE Professional Status
11 October 2020 | 5 replies

I know acquisition time or commute time do not count for 500 hours material participation in rental properties but couldn’t find any regulation saying they don’t count for that 750 hours total RE involvement. if that...

Kimberly Kim Capital Gains Tax on New Home
29 November 2020 | 12 replies

Hey BP! I purchased my first SFH less than 2 years ago (May 2019), but am in the process of selling to live with my SO and to aggressively save to pay off my student loan debt from grad school. My house value has incr...

Matt Charette How do I handle this (my first) FSBO cash deal? 80k/12% Cap Rate
18 February 2021 | 10 replies

I’m interested in a multi family that’s FSBO. This would just be my second property and this seems daunting. It’s a cash only purchase of ~$80k that on paper would be a 12% Cap if their numbers are accurate/truthful.W...

Christopher Persaud South Bronx New Construction Multifamily
8 August 2016 | 17 replies

Hi,I just put under contract a property in the Bronx, near St. Barnabas Hospital. House is on a 25x100 land and according to architects, I can build up to 8 units, all 1 bedroom. Now I just want to make sure the math ...

Mark Douglas Credit Card Cash Advance ?
3 April 2017 | 20 replies

Has anyone got experience in using the cash advance as a downpayment, and repaying the loan from the cash flow?  Has this been effective?  What are some risks (aside from the high interest rate on repayment)?thanks !

Donald Nnamdi Getting financing for my first property
16 February 2019 | 9 replies

Hello All,I am trying to get financing to buy a 4 unit in the Dallas Fort Worth area using FHA. How do I avoid taking a hit on my credit score when trying to shop around for the best rate I can get. I was told that mu...

Laurie F. Process and Timeline Help
12 September 2022 | 8 replies

I’m researching how to start the process of finding my first fix & flip property which I plan to purchase in the next 6 months. Questions are regarding a typical timeline:-do you hire someone to inspect property /...

Brandon Allenczy Second Position Loan by Seller
14 July 2022 | 7 replies

Hey BP!I haven't been able to find this answer anywhere. I'm trying to buy this 6 unit, and split the financing between the seller (willing to hold the note) and my bank. My plan is to finance some from the bank and g...

Cassandra Krupicka BRRRR loan-to-value dilemma
8 October 2022 | 5 replies

Hello!
My husband and I bought a STR in Rochester, MN six months ago and did a bunch of rehab ourselves. It took longer than expected so we haven’t capped on much Airbnb income. We also didn’t get an egress installe...

Bobby Burches Obtaining Delayed Financing in the Baltimore Area
20 June 2016 | 10 replies

Hi everyone! I have my first deal under contract. It is an all cash deal. I am currently thinking ahead to the "next deal". I am interested in finding mortgage professionals that offer Fannie Mae Delayed Financing Exc...