All, Looking for advice, suggestions to resolve a partnership. Here are the facts. Please bear with the longish post.A friend bought a property for 140K to rehab and long term rent in Sept. 23 using a HML. The loan wa...

Hi Everyone.  New to biggerpockets. Here's a situation I'm hoping  I can get some feedback on.  
Our mortgage balance is around 391K.  Live in fairly stable community with some military presence.  Contemplating sel...

Hi all, Background: So long story short, my wife and I are getting separated. After taking everything into consideration, it makes the most sense to let her keep the house.Question: A friend and me have been looking f...

Hello, I got some caffeine in my system so let me know if you do not follow.  1a) I know that Interest on the mortgage is deductible 1b) I know that property depreciation is tax-deductibleTotal Tax Deductions = (Inter...

This may be a general question and if the answer is it depends then please let me know what information might be needed. Clients (Married couple, he's retired, she still works) own and have lived in the same SFR on 25...

I've been researching pre-foreclosures in my area for quite some time. I spend hours on the county site seeing which properties have had NEDs recorded, comparing original loan amount vs owed amount vs EMV. There was o...

Hello my BP friends,While building our portfolio, we constantly find properties that are really good deals, but for a variety of reasons, don't fit our long term criteria.  Instead of passing on them, we flip them to ...

Hello.  I'm a new investor contemplating structure and strategy.  Based on what I've studied so far, I believe I've learnt the following (somebody correct me if I'm wrong on any points):1.  Assets procured in a Roth r...

Looking to buy a 2nd vacation home in Big Bear California and got the winning bid on one. A few problems though, since it's an older home (built in 1951) the stairs are not quite up to code (7" wide and a bit steep go...

Recently purchased a house and needed basement done.  Contractor says we owe 6k in addition to the 26k we already paid with cashiers checks for installing a door where an arch was, fixing a shower, fixing a bathtub, w...