Hello, My husband and I are hoping to purchase our first rental property this year but need some guidance. Here is our situation...When I was in my mid 20’s my parents helped me buy a home (before I was married) so th...
Hi my name is joshua I’m new to the forum and to being a viewer of bigger pockets on YouTube by watching many videos about rentals with all kinds of strategies like the brrrr method or even doing it with a fha loan bu...
Hi, If I have a single member LLC where the member/manager is a Trust and Me and my wife are the Grantors/Trustee of the Trust with beneficiary as the Living Trust. In this case can the LLC be considered as disregarde...
On a home owned for 8 months where I mortgaged 185k put in 30k and then sell for 300k, presuming there are 25k in fees. What will I owe in taxes?!?
Hi! I am new to biggerpockets and real estate and am looking for some answers. I live in northern California, and am ready to buy my first property anywhere in California or out of state. Which ever one is easier!I ha...
I posted before about being an airline mechanic in PA and the massive furloughs in the industry, here we are. I'm officially off the payroll and my lender and the seller dragged things out 3 additional weeks to where ...
I'm looking at a multi family property that is currently classified under section 42 rules and will be for at least another 20 years - rent is locked in at low income rates and this won't be changing anytime soon. Th...
Hey everyone, I am currently living in California and planning to move to Arizona and house hack. I was speaking to a mortgage banker and he informed me that to qualify for an FHA loan I would need a job lined up in A...
Hello!I currently own a vacation rental that does very good cash flow. My brother is wanting to go in on another one with me, and I am looking for some ideas from others how they may have structured a partnership in a...
I am wanting to get an investment property this Summer. I cannot live in it so I will probably having to get a conventional loan. My goal right now is to take small steps in getting to my goal of getting a property, a...