How does Down Payment Assistance work?
Is this debt financing for a number of years? Or equity?
Wondering if there are any set of conditions under which it’s possible to use tax deferred proceeds to rehab the newly acquired property. I hadn’t come across anyways of doing this, so assume the answer is no, but wan...
New pro member here! My name is Kyle, I'm 27 and from Cape Girardeau MO. Growing up I've always been interested in Real Estate but never knew where to start or what to do to get started. I came across BP the beginning...
Hello,I've asked several CPA's, and gotten varying opinions. Wondering if anyone feels they have fully vetted this subject and come to a definitive answer.Situation: purchase a property subject to the underlying lien,...
I don't have the cash for my 1st property I'd like to purchase as a holding. The house is next door and I have been in it. The only thing that NEEDS to be done is a new kitchen. Homepath is requesting a 20% down...
I am wracking my brain trying to find the best solution here but I’m not able to find many resources on this.
I took out a mortgage in 2019 on a 4.25% FHA first time home buyers program where they credited me $3000 f...
Ok so there was a water leak about 5 feet from the meter outside of the home. The tenant notified me of the leak 27 Jan and it was fixed 3 Feb. I spoke with the water company and the leak began during the billing cy...
Does anyone know the rules on taking out a loan as a vacation home vs an investment property? If youre going to rent it out but also use it? Is there a time frame you must spend there per year to have it be consider...
I currently own 5 mobile home's in 3 different parks in Las Vegas. So they're considered personal property (not attached to land). I acquired these all with cash. When I sold them (I'm carrying the financing on all of...
Just wanted to throw this out there to see what you guys think. Here's the deal. Today my property manager went to one of my newly acquired rentals and the tenant states "Can I pay $400 today and $500 on Friday?". ...