Good morning BP Family!Are you using the 50% rule for multi-units, 5 to 15 units, for expenses? I'm noticing that heating and hot water in places like Pennsylvania, New Jersey, New York, Chicago, Ohio, are a large par...

I borrowed $141k hard money at 7% interest-only and escrowed ~$10k with them for repair costs (not sure if that matters). My monthly payment on the hard money is $822.I'm now trying to refinance into a conventional mo...

I am looking at a sub2 deal with the following details:1) Motivated seller that understands sub2 deals2) 1st mortgage with rate of 2.75% 30 year ARM (loan is current)3) 2nd mortgage (originally a HELOC) has been in de...

We recently closed on our first rental property and I'm trying to keep everything organized for our tax professional next January.  Which of the following can be written off?  1. Pre-purchase - Home inspection and app...

I am looking to buy 3 cash flow positive properties over the course of the next 2-3 years for retirement.

I own a house that has a good bit of equity, so I wanted to try to use that to get these properties, but need...

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Rookie here! trying to find my first deal! SO ready to buy our first investment property but need more info. Learning how to read these reports and determine how good of a deal or bad. What are the best i...

My broker friend and I have been talking for months at the YMCA about my interests in REI. We put together a possible seller financing deal and i'll be walking through the property in a little bit with him. When looki...

My wife and I bought our first rental Property in June 2016.Basics of the deal:Duplex in Little Rock ARPurchased on MLSPurchase price $105,000 (was listed at $140,000)Cash to close: $23,579 ($21,000 down payment, $2,5...

Hello, I'm about to purchase my first investment rental property. I received a preapproval for a $68.8K loan on an $86K purchase. I'm planning to refinance in 6 months to pull out some of the ARV equity after some reh...

Currently live in a townhome style condo in South Riding, VA, but due to relocate within the year (active duty USAF, enlisted).  I'm on year 4 of a 30 yr mortgage @ 3.75%.  An evaluation of a rental price hasn't been ...