Hi, i bought a property in LEHIGH COUNTY PA , Sep 2019 , and later on found out there is old lien ( Mortgage ) open not paid off on previouse owner for amount of 81K i'm living in the property over 2 years now and no ...

As I work through some of the IRS worksheets, I am wondering whether it is normal that there is a difference in the fraction of depreciation one takes on a rental property that was only rented for part of the year, an...

This newbie is so lost! I can’t seem to find that first golden goose property. W2 mindset is creeping back in! Analyses paralyses is lurking right behind. I need an accountability partner and a mentor……any ideas guys?...

Nothing should hold a potential investor back from the first deal if the numbers make sense, resources are available, and they have a team they trust in place--I get that, and I am moving. But for those that are a lit...

Hi BP,For those doing out of state investing, where have you incorporated your LLC? Have you chosen your home state or the state you plan to invest in or another state with favorable corporate law (i.e Delaware)?Also ...

Hello all,
I've found a house I believe could work with a 203k type of loan. its is government owned but in a nice suburb with good bones, a newer roof and seems like asolid starting point. It's Large two family that...

I purchased a triplex AS IS with a FHA 203K loan in July with the intention of house hacking it, then disaster hit.My numbers are the following:202,000 Purchase price.107,000 Construction budget (left).340,000 ARVLast...

I was wondering in a 203(k) loan, how is it determined how much money will loaned towards renovations on a property? Is max amount? Is it based off an appraisal?

Thank you for your time

Hi, After how many properties should we incorporate in Canada?  Are you allowed to claim CCA for Tesla (Zero emission) that is used to manage residential properties in your personal name?

Can anyone point me to a narrative that explains exactly how a FHA 203k loan works?  Is the process flowcharted out anywhere?  How much repair can be financed?  Do you make IO payments during construction? etc.
Thank...