I'm just starting out and I'm looking into getting preapproved for an investment loan. Before I call, I was wondering what are the best questions to ask your lender when shopping around for a loan? Is there a set list...
I've been considering putting our properties in LLC's using a land trust set up. My accountant mentioned that we could just increase our liability insurance policy instead of paying the fees every year for the LLC's ...
I am interested in acquiring a rental property for some additional income now and for the future. I am 50, so I don’t have a lot of time or ability to save up for a down payment. I have a small 401k and I have the opp...
Greetings,I have my eyes on a duplex that is brand new going for 190,000. I am thinking of house hacking and renting out the other side. However, I need a second opinion or multiple!Here are the numbers:Price: $190,00...
Looking for any and all ideas on types of businesses to fill up some of our vacancies during these uncertain times. Besides groceries, guns, and liquor stores which seem to be the only ones doing well these days
Hi BP Nation,
I'm currently looking at purchasing a quadplex that has all four units on different lots, but the units are still connected. To avoid getting 4 separate loans, I'd like the seller to combine the 4 lots ...
I am beyond blessed to have inherited a home from my grandfather. It’s fully paid off, I own in outright. It’s worth roughly 550k. Those who have experience in buying rental properties, what would you do if you were i...
I’m am active duty Army stationed in Korea. I am having trouble securing conventional financing due to the fact that I only have an APO address here. My “official army residence” is Pennsylvania but that is not link...
HI
I have numbers to analyze, my property is value in $205,000, I already paid it off and rent it for $1400.
I want to cash out to do a new investment or BRRRR and I got this lender who offers me this for 30 years:...
Hi everyone, Can someone explain to me how you're supposed to know the exact value of your home vs the value of the land? As far as I know when tax time rolls around on the depreciation deduction, the land value isn't...