Kurt Pourbaix
Tax treatment - Lending for a fix and flip
We partner with a guy who does fix and flips. He buys the house and does the rehab. We loan him the money both to buy the house and do the rehab and we share in the profits when it sells. We don't charge interest p...
Joseph Niedermeyer
Building (literally) a rental portfolio
I’m in a unique situation. I’m seasoned in the construction industry and a general contractor license is in my not too distant future. My day job is building material sales (lumber, doors, windows, drywall, block, shi...
Sarah Lorenz
Strategy advice on a 3 house infill development
We have our first small development in the works—a parcel that we will be subdividing into three lots. This is in the city of Ann Arbor where there are very few infill lots. I am intending to list one or more houses t...
Justin A Edmonds
Order from worst to best
So I am still doing some analysis on what should be the first type of property I invest in as a rental property. I live in Delaware but my roots are in NJ. With this information, how would you personally rank the best...
Chad Reed
Personal Financing for my Home, My rentals as hurting me
I have ran into an interesting financing situation and I know that this community will help me like they have so many times before. My wife and I recently moved to Pittsburgh and we decided we wanted to rent for a y...
Account Closed
Developing $$$ land inside city.
So here is the scoop: there is a little piece of property that I know of. About 20 years ago, it was just a little lonely farm house sitting on 9.9 acres about 15 minutes outside town. Since then, the town has grown, ...
Jordan Davis
Supercharged BRRRR Strategy
Hi y’all, I’m new to real estate investing and looking for some advice. I bought my own primary residence two years ago and fixed it up then sold it when I switched carriers and moved out of state. Fixing up that firs...
John Bauer
Equity split between passive owner and experienced developer
I own a 2-fam property in Brighton, MA that has some extra land that can be developed. Both units are rented and cash flowing. I'm going to be working with a developer I know who has a lot of experience to go through ...
Tommy C.
How to use DSCR on a mortgage for an STR?
Hey BP!I need some help from the pros with my question here: How can one use DSCR to qualify for a mortgage on a short term rental property with no trailing 12 month income? (i.e. new builds)I understand that in a typ...
Nicholas Broussard
401k Rollover Options
Folks,Are there any other options for utilizing my 401k besides a SD-IRA? Here's the situation, I was laid off last week, so I'm jumping into REI full time. I have other capital to use as well, but I also have to cons...