Alexandru Novac
renovation loan or second mortgage for a commercial property
Hi we bought a 8 fam property 8-9 month ago in florida and because of time constraints we closed with a regular mortgage not supplemented by any renovation loan. The property is fully occupied but we intend to renova...
Danny Smith
Proof of funds for hard money
Hello BP I'm looking to purchase my first brrrr in Delco, Pa and I'm looking to go the hard money route. (I don't qualify for regular loan)I saved up 50k (the amount recommended to me buy lenders) but I only have 16k ...
Michael Dahl
2 single family houses on 1 parcel
I am a house hacker and looking at buying a property in the Twin Cities area of Minnesota. The property has two single family houses (2bed/1bath, 1bed/1bath) on the same lot and they are selling as a packaged deal. T...
Matt Brock
Exp satellite office
Interested in joining EXP, but concerned about having office space for my team. Through EXP are we able to have a brick and mortar office if I’m not a broker? Also, is exterior co-branded (my team and EXP) signage all...
Ramesh Ganesan
Can I deduct my rentals losses from my W2 income.
Hello Folks,
I have an SFRs, not thru LLC. I did Airbnb and I got $8000 negative, This was managed by me actively. My tax guys sayst that it cannot be treated as active. so cannot be deducted from my w2 income. Any...
Kyle Coe
Questions about auctions and foreclosures.
We are fairly new to purchasing real estate but have some questions as far as auctions. I have little capital and looking to purchase my first BRRRR rental property. I was wondering if anyone knew much about auctions,...
Ben Gradert
How to navigate Health Insurance / benefits
Hello! My wife and I just began our real estate journey and our hopeful to do this full time. One of the things we constantly discuss is benefits and health insurance. I was curious if you guys have some feedback abou...
John Jack R.
Does BP Customer Support Really Exist?
OK so I've been a BP member for a number of years when I first signed up I signed up with pro membership which was OK because it allowed me to use marketplace but after a few years I find myself visiting the site infr...
Ron Tremblay
Mortgage Payoff question
I have a private mortgage from my parents, 2 years ago, I "prepaid" 12 months of it with a bonus I recieved from work, in order to free up monthly cash flow to rent a (much larger) apartment, also from my parents. I m...
Cody Landry
Free Initial Investment w/o Forced Appreciation in Y1
Hi BP Family,Curious about a situation I may not be understanding clearly.If you purchase a Turn Key STR using a 2nd Home Loan (Vacation home 10%), how do you get your initial investment out? (10% DP + $10,000ish in n...