Justin Morris
First Property & FHA 203K
Hey All, My wife and I have finally decided it’s time to do something. I’ve been a silent member and observer on BP for years. At this point I just think it’s time to jump it and do something. I was inspired by a B...
Nastassiea Blankenship
203K Standard Loan Contractors in Atlanta, GA
Hello BP Family,
I have reached my FICO mortgage score goals for the interest rate I want. My goal is to buy a fixer upper in my desired area. Doesn’t even have to be in any good shape, as I will tear down and do a n...
Jonathan Beemer
where to invest 10K?
Hi BP,im looking into the best ways to start investing and what experienced people would do right now.if you had 10K where would you invest it today? how would you invest it? what strategies would you use?thank you!
Kyler J Sloan
Risk of Audit
My CPA is advising that I should not claim all of my expenses using the "STR Loophole" in order to avoid an audit. I renovated a STR and ended up spending an amount equal to my annual gross income. This was because th...
Account Closed
ADU options in SF East Bay
Hi all, new here. I'm thinking about an ADU for my owner-occupied SFH property near downtown Lafayette. It's a good location, easy 10 min walk to BART and downtown shops / restaurants, and 2 blocks from great elemen...
Derick Passram
Buying land/Building a personal house
Hi, I recently found out about construction loans and it excited me at the thought that I could potentially build a custom home faster than I assumed. How exactly do these loans work and are they an efficient way to s...
John Rankin
Best way to finance furnishings when using 1031 exchange
I am using a 1031 exchange to purchase 2 STR's and from what research I have found is I am not allowed to use those funds for furnishing a property. What is the best way to finance the purchase of furnishings. I have ...
Kayla Heine
2023 New Home Purchase
Investment Info:
Condo buy & hold investment.
Purchase price: $242,500
Cash invested: $12,000
New 2022 build condo, 2 bed 1.5 bath 855sq ft. $20 monthly HOA, my interest rate is 5.9% which isn't ...
Angel Acosta
Are these costs acceptable to finance our initial flips?
Hello,We just got a pre-approval to potentially get an unsecured business credit card with a 100k limit, Interest free for the firts 6 months.Now here's the fine print, if we decide to go with this card, the cost to g...
Sarah Bate
Failed septic system - but alot of potential?
Hi all,I am writing to ask for some advice on a property I am looking at. The property is in Groton, MA...great location. The most similar comp in the area sold for $377k in August...but the house I am looking at is a...