Nick P.
Understanding BRRRR in relation with refinancing
Can someone provide a numerical example of how to BRRRR your property into refinance? I'm confused with how much you can refinance. I.E. I buy a multiunit that needs improvement for 100,000. Rehab is done for 50,00...
Rich Weese
I may have gotten "lucky" again
As many on BP have heard before, I've been "lucky" in selecting areas to invest in over my career. It is well documented in my posts that I've been in the right place at the right time-and this helped my RE progres...
David Begley
Purchasing from Wholesalers
Is anyone aware of a site or source that one can review to see the results of those investors engaged in wholesale activities? In the short time I've engaged in trying to obtain properties from Wholesalers, it has be...
Jeff Tumbarello
Citi's RECLASSIFIED balance sheet
Check out Citi's quarterly balance sheet - they're down 120B in assets, have reclassified ALL prior year quarterly/YE balance sheetswithout saying a word as to why.
Heck, just watch the Q3/Q4 blowout of the TARP moni...
N/A N/A
Anyone how to finance a Mobile Home Investment Property?
I can not seem to find a mortgage company willing to finance a mobile home as an investment property. Its permanantly attached to the land and taxed as real property, FNMA/FHLMC would do it as a primary or secondary b...
Daniel Hinojosa
Refinance a house hack 4plex for another house hack 4plex
Good afternoon everyone. Hopefully someone has done this before. 12 months ago I bought my first real estate investment. A 4plex with an FHA loan. I am currently living in one unit and renting the other 3 (house hacki...
Ren Lok
How to find the right CPA
So we hired a CPA for the 1st time to do our 2022 taxes.After they completed our taxes, we wanted to see if a cost seg would be beneficial. But to even start the conversation they wanted to charge us for the time. Is ...
Mark I.
Quick question for you guys buying with LLCs
Purchasing a property in another state, Michigan, and I'm being told they need my operating agreement for the purposes of creating the deed and for escrow "to ensure I have the authority to sign". In my home state I h...
Mark Beekman
Deferred Payment on House Sale -- Capital Gains Tax This Year?
I'm looking to sell a house that I've recently rehabbed to an LLC for roughly $250k by years end. Then, next year, I plan to have the LLC list and sell the house to the general public.
I want to sell the house to the...
Rick M.
Smoking/Girlfriend that isn’t on the lease issues
So I had a qualified tenant apply, I used Smartmove to verify him. He has good income, no evictions, quiet and a non-smoker (he also didn’t smell like smoke and also didn’t smell like an overload of cologne in hopes o...