Ryan Best
Using RV as primary residence while renovating investment homes
I was wondering if this makes investment/tax sense and if anyone has done something similar:
1. Buy an RV as a primary residence (I've checked IRS/State law and can do this in Arizona)2. Buy and renovate an investmen...
Venkat Varad
Using builder's finance company to close the loan
I'm in the process of purchasing a new investment home from a known builder. Initially for prequalification they asked for lot of documentation, which I provided and approved. I was told that, it is part of their pro...
Joy Garcia
.Laws on private lending in Tennessee
we were ready to go with a signed purchase agreement, rehab estimates, a lender on board at 65% loan to value at 6% interest rate. We walk into our title company and was told our lender to get a 1st position lienholde...
Ryan O'Connor
How much to keep in reserve starting out
I've heard a few times on the BP podcast that a new investor should maintain a cash reserve when starting out. About how much is enough?
Mike Curadossi
How to structure deal with investor for small multi long trm hold
Hello All,
I have a friend on mine that makes a high W-2 income and is looking to diversify by investing in real estate.
Looking to structure a deal that makes sense for both of us. He will put up 20% down paymen...
Dan Cioaca
Beach Vacation House
Investment Info:
Single-family residence buy & hold investment in East Hampton.
Purchase price: $1,050,000
House hack of sorts. Summer rental destination, so MD-LD are 70% of full-year rent and is ca...
Aaron Huckels
Cash out Refi, what’s minimum time frame to be allowed to do so?
Hello, I currently have my own home with a mortgage and am looking to get into rentals. Would you recommend doing a cash out refi on your personal home or not? And if so is there a minimum time frame for having to own...
Kara Speigner
Trying to sell a house with foundation issues
Hello! We have a house, that is NOT our primary residence, that we are trying to sell. But the house has foundation issues and we want to to use the funds from the sale of the property to start investing well we curre...
Tony Tran
A Lot More Cash Deals Rather than Financing (What's Going On?)
Hi BP,Since I started investing in my current market (that is, for a couple years now), financing has never been an issue with many Sellers. Not until lately, out of all the offer I made (even though the listings say ...
Derrick Lind
Sell or rent my primary residence
I'm trying to decide whether to see or rent my current primary residence. I'm planning on buying a larger home, and have access to some other funding for my new down payment if I need to.Current house - Castro Valley...