I'm new to real estate investing and new to the United States and how taxes are filed here. My dad, a US citizen who lived all his life abroad, sent some cash from my home country to be invested in the US. Spouse and ...
I have been shopping investment properties and found a few good deals in different states. My question is, will I have trouble getting loans for these deals at the same time? I have enough money for both down payme...
What credit score is the lender looking for if you want to put 5-10% down on an investment property…???
My girlfriend and I are looking to live in a fixer upper and flip it to sell after. This will be our first home and want to know which loans are better in our favor for overall costs. We’ve looked at FHA 203k loans an...
I currently own a 1BR/1BA in Canton, Baltimore. The home was listed as a 2BR/1BA. However, the previous seller used the open area of the basement as a BR (so not a legitimate BR per se). The area is considered an up a...
I am refinancing my current investment property in Olympia, WA. Current rate is 4.125.I have two options I've narrowed it down to:2.375 paying two points ($6,500)or 3.125 with a $4,100 creditMy logic is it would be sm...
Hello all:When a security deposit is received on a new long-term rental lease, I categorize that in my accounting system as "deposit", separate from rent. It isn't income, doesn't show as a gain, etc. When that same t...
I'm thinking of pulling HELOC but want to understand the PROS and CONS. I'd like to pull about 100K to keep on the sideline until I find my next great deal. Here's the stats.Primary Residence (SFR) has about 250K in...
I just purchased my 7th investment properties and I'm out of cash to renovate I had 3 mortgages on 3 of the investment properties; what to do??
Hey Biggerpockets folks, My name is Will. I am a new investor in Akron, Ohio. With a potential investment opportunity on the line and I want to make sure I handle this the right way. Background: I am not new to real e...