Xavier Wilson
Where does one start with out of state REI ?
Hello BP community, I currently live in Los Angeles, but I would love to purchase my first rental property. I have heard about out of state REI, and I wanted to know how does one get started. As well as if there are a...
Joe Conklin
Agent Niche & Questions
1. Can agents submit bids for themselves to purchase REO homes such as HomePath and HUD? I believe that I heard that if you are registered to place bids on these sites you can't buy them yourself.2. I was listening...
Gabriel Zepeda
FHA Streamline Interest rate reduction
Hello Everyone,
I bought a home back in January 2024 using my FHA loan and I received a call from Atlantic Capital Funding saying that I could FHA streamline (interest reduction) from my 6.625% to 5.7% and could even...
Ryan Marrs
Wholesale Transactions: How does everyone get paid?
Hello all, I'm just getting started out with Real Estate Investing. I have a question about how transactions work for wholesaling. I understand the process up until putting the house under contract and assigning contr...
Julio Gonzalez
How cost segregation is beneficial without REPS status
Many investors think that if they don’t qualify for REPS status, they won’t be able to benefit from a cost segregation study. However, there are multiple ways that you can still benefit!
A cost segregation study is a...
Megan Arzt
27.5 or 39 year depreciation
I have 2 nightly rentals that I just bought and put into use this year. They are sort of a gray area since they are not being used as residential dwellings, but could be. My accountant seemed to think that I could c...
Dan D.
Duplex vs 2 SFR's
Duplex for 110k w/ both units rented for a total of $1500/mo. or 2 SFH's for 55k each rented at $750/mo. ?Pro's / Con's ?
Samuel Kimani
Great Fannie Mae News!
Fannie Mae makes an announcement today to raise the number of financed investment properties back to ten. Since October of 2008, Fannie Mae had lowered the number of financed investment properties a borrower could hav...
Quota Thornton
House Hacking and Rentals
Hi everyone! I have a question that may seem silly but I’m curious to know if I can house hack a duplex and rent out a triplex at the same time. I’m aware that I would have to put down 3.5% on the duplex since I’ll be...
Zach B.
RV Park & Storage, Novice developer, seeking advice...
First time investor here, taking equity out of my home (bad idea?) to buy land and develop RV Park for long-term guests and/or self storage... I'm looking in a rural place called Cave Junction, OR. Depressed area but ...