Ali Rich
Heloc denied 4 no reason
Applied for 118k or 88k HELOC withdraw period of 5 years at Midflorida Credit Union and got denied both. Loan officer offered me a different product (Home Equity Loan), i did not took her offer, Told her no to pull m...
Account Closed
Cash Back at Closing
I have heard that in Canada, banks are not usually comfortable with deals that include cash back at closing.I can not figure out why. In my opinion, the banks should really only care if they are financing more than 80...
Ki Lee
Where to find high cap rate apartments in class B-/C+ areas
Hello BP. I'm a "green investor" from Orange County CA and I'm looking to do a 1031 exchange for my 3plex in Chicago for a property that can cash flow better. I'm doing research on different MSA to narrow down to 1...
Shane Archer
STR Ownership / Management Structure
Hi,My wife and I are relatively new to the RE investment space. I primarily work is as an Asset Manager/Analyst for a Healthcare REIT (3+ years) and have been studying/analyzing single/multi family, STR, MTR and loose...
Jesse East
Tax deduction vacation
I just finished two tax books, “Tax Free Wealth” and “Tax Strategies for the Savvy Real Estate Investor”, and both books talk about how to deduct vacation expenses with some planning. However, my tax advisor told me ...
Mike Wilcher Jr
New Investor- Atlanta Market Question
Hi BP,Does anyone know if the Peachtree Corners section in GA is a good place to invest or know of anyone currently investing in the area? I've also read about LeGrange and Newnan being good options as I am looking to...
Steve Priola
Fellow MFH Owners - Looking to convert 64 conventional units to Workforce housing
Hi all. We have a 46 unit complex that is ready for a reposition. The location is superior and the density will probably allow us to end up with 64 doors when we are done with the project. Our MSA is in serious need o...
Matt Heidenfelder
Using MTR in Dallas, TX
Hey all! Wanted to get some feedback. My wife and I will be making our first purchase in Dallas, TX later this year. This will initially serve as a primary residence for us using an owner occupied loan and we plan to ...
Rodney Reeves
Can you house hack a townhome?
Hi all,I am in the process of saving funds to purchase my first property and plan to house hack. Sorry if this is a dumb question but can you house hack a townhome (assuming not part of an HOA)? My first option would ...
Qadre Lewis
First rental property
Hey I found a single property home that I think would be a great first time deal. I’ll be using it as a rental property but I’m new to investing so I’m not sure where to start. I’m thinking getting a LLC and buying t...