SITUATION 1:I purchased a house with a VA loan (this means I cannot rent it out) for $225K located in Long Island NY. The current mortgage is $200K. The current rental value is $2,400. The PITI on the house is $1300. ...
I’m very new at this, wanting to buy another property. Was looking at multi family, STR but can’t seem to find any in the surrounding burbs of St. Charles IL. or In Wisconsin where my second home is. Chicago has a f...
HiI hear everyone talk about tax benefits and deductions (mortgage, depreciation etc) from owning real estate.However, what´s not clear to me is how can I apply these benefits and deductions to me personally if I plan...
Selling a long time SFR rental with owner financing. For tax reasons, we need to push either the closing or the receipt of cash from closing into Jan 2024. The SFR is ready to sell now, but if we close and take the do...
Purchase price is 165k Rent is 1600All systems except for water heater have been replaced in the last 5 years. Windows, siding and roof also have been replaced. Terms I am getting on a non owner occ loan: 25% down 1...
Hey BP, I just received a huge blessing. I have $100k cash to invest in STR. Long story short I have a family friend who simply just believes in me- we have a great relationship. He wants to help me get to my cash flo...
Hey BiggerPockets Community,
As the title states, I am contemplating the best move for this rental property and would appreciate any insights from experienced investors. I will try and provide as much detail as possi...
I'm interested in getting on touch with some people that have had good (or bad) experiences in Detroit. Wholesaling, Buy & holds, flips, Multi-family
Hello all, I'm excited to join the Bigger Pockets community. I've read a couple of bigger pocket books and listened to numerous podcasts and figured it's time to introduce myself! I live in Queens, NY and started inve...
Hello everyone! It's no secret that the recent nature of the real estate market has been wavering and confusing for many with the United States rocky economic position, high interest rates, and (in many markets) stagn...