Hello everyone, as with all my questions I’m coming straight to the place where I always find the best info! Just to give some background, I’m planning to buy a 2-unit house, bottom floor is a 3bedroom unit, upstairs ...
Hello, I am curious to see if anyone has a link to somewhere that lists specific state/city requirements for Airbnb hosts. I live in Memphis, and I know that in Nashville this year they passed a law requiring Airbnb ...
Hello,
I was reading on a different post that Subject-to deals on Foreclosure/Pre-foreclosure homes in some states are illegal. From what I've read CA, WA and Oregon are states that it is illegal.
I am just getting...
Can I use my HELOC for private lending to another investor? I've used it to build my rental portfolio and now I'm done with that. Now I'd like to use the HELOC to private lend to a local friend builder for spec hous...
This came up as a suggested link on a story I was reading, courtesy of the Chicago Tribune and Amy Dickinson:(http://www.chicagotribune.com/lifestyles/askamy/ct...)Dear Amy: My husband and I rented our house to friend...
Hi BPers,
Sometime in the last 6 months or so I remember hearing David say on the podcast that you could do an "FHA-like" situation without actually doing an FHA loan. The result in the scenario he described was tha...
I am considering buying a 5th wheel RV in the name of my business so I can use apply accelerated depreciation and get 100% depreciation on year 1, which I want to offset my wholesaling income for the year. I consulte...
Hello BP,Wanting to get some opinions here from folks in the know.My brother and I are in contract on some acreage in Nova Scotia Canada. After we purchase it we plan on selling some individual lots, perhaps developin...
Hi there, I am looking for my first House Hacking investment and planning to use an FHA loan, I am currently located in Chicago, IL.
Question 1: Can I apply for FHA under my name, live in one unit and then, rent th...
I am looking to purchase rental properties at foreclosure auctions. I have no problem obtaining conventional financing, but cannot close fast enough to utilize that as a funding source. I have done a conventional live...