James Petzel
Help a good friend and business owner(subject 2 etc)
I have a good friend who is self employed and has had a strong business for many years. He's run into a rough patch because of business/economic reasons largely out of his control. I do believe that his business will ...
Brett Picher
Does your first duplex (owner occupied) have to cash flow?
Hi everyone, I’ve decided that I am going to house hack in order to get started in real estate investing. I have found a relatively cheap duplex that I believe will cash flow after the first year if it’s fully rented....
John O'Sullivan
Creating a deal with seller for owner financing and commissions
I was hoping to get some ideas on the presentation of a deal on the purchase of a home acquired by an inheritance scenario.
Including aspects of the deal specifics including but not limited to benefits
of saving inh...
John McGrath
Refi out of MF FHA with an owner occupy SFR
I am trying to figure out if I will be able to use an FHA again for a 3 unit.
I purchased 3 unit with an FHA in 2019. Renovated (Gutted) all 3 units.
Rented 2 ( lived in one)
January 2020 bought an SFR owner occupy...
Garrett M.
Legal lease signed by manager? Owner wants to remain anonymous
Hello BP friends! I need to write a legally binding lease for a single-family property I'm going to be managing for a friend who doesn't want to be named on the lease. I manage my own small portfolio of rentals and I ...
Ellie Narie
Adding joint owner-- do they have to claim rental income?
If I buy an FHA 4-plex house hack and am the only person on the mortgage, can I add another person (not a spouse) to the deed? And if so, can I still claim all the rental income and expenses, or does the IRS force us ...
Jason Demers
House Hack- How to add rental income to owner occupied?
My wife and I are looking at a triplex in Florida, we currently live in Illinois and are trying to change permanent residency. We are trying to get a Pre-approval with just her income, she works remotely and I am an e...
Tomas A.
Do proceeds from owner financed home get reported to SSI
Hello,I am currently working with a seller who owns her home free and clear. She wants to sell her house but she is nervous that once she sells the home the income will be reported to social security and the income s...
Darren Wendroff
How to create Multifamily Mailer list to quad/triplex owners?
Hi all, I'm an investor in Florida, and I'd like to create a mailer to multifamily owners to purchase a property. I have a great letter to work with, but how does one create the mailing list? Are these lists available...
Matthew Burns
Need help TREC mobile home on land with separate owners
So I’ve done two flips before but never a wholesale. I need some help filling out the TREC. It’s a unique situation since the home itself is owned by the brother, and the land by the sister. Mobile homes in Texas a...