Hart Pearson
Would This New 0 Money Down Strategy Work?
Here's the hypothetical... Could an investor whose licensed as an agent use increased commission to offset their downpayment?? Say for example...
Purchase of $100k using conventional mortgage, Seller pays closing cos...
Account Closed
Understanding the BRRRR strategy
Hi, I’m trying to understand the BRRRR more in depth and I have questions.1.) Do I have to go all in and pay off the house at once or can I down 20% on the house and slowly pay it off every month with the cash flow fr...
Peter Whitaker
401k or not?
Okay, I'm mostly looking for reassurance that my plan is well thought out and I'm not making a bad decision. I am 20 years old right now in the Navy and I'm certain that buy and hold real estate is in my future. so he...
Gabriel Welch
First home purchaser
Hi! So I just got approved for a loan and I start my new job in a couple of days! I am looking to get out of renting but my new job may or may not move me after I finish training in a couple of months.I want to acquir...
Ashley L.
Parent Gift for 2 Family Investment- How to Structure Ownership
Hi All! Just purchased my second investment long-term Hold Property. Because it ended up that I couldnt use an FHA due the proximity of a gas station to the house, my parents decided to own the house with me, contrib...
Dan Gongora
Incorporating to Llc
Good afternoon everyone,
My name is Dan. I currently own a 2 unit flat under my name and renting one of the units. I plan on purchasing my next property this year by doing a cash out refinance to conventional loan on...
Stephen Leblanc
mtg on rental properties
I would think most of you guys get mtg for you rental properties, so my question is...how long to you take your mtg out for. Do you drag it out for 25 years to increase your monthly cash flow with little pmt on the b...
Account Closed
I disagree with my accountant on interpretation of the de minimis
I dove into the IRS code today, and I think I have an airtight argument that the de minimis rule applies not only to personal property like refrigerators and computers, but also to materials and supplies used in impro...
Nestor Soto
Taxes
Can somebody explain all the tax disadvantages for a house flipper? What's the best approach for a first timer? Buy and quickly sell the property after renovations or hold it and sell it after some time to save money ...
Elizaveta Voloboeva
Back to the past
Hello everybody!
I'm still trying to set up my plan and instead of asking the same on BP question "What strategy to choose" I'd like to ask a couple other questions.
1. Could you tell a short story about you first de...