R A
Vacant rental and tax implications
I own a single-family home that I have been able to rent successfully over the past several years. The last tenants moved out in June 2008 after 4+ years. Since then the property has been vacant as I attempt to fi...
Rodney Thompson
How should I refi my primary residence?
I purchased my house about 11 years ago, and I am paying $1360/mo at 6.25%. I would like to refi to lower my payment and dump PMI. My question is this. Should I do a cash-out refi, pulling $11k, and pay $1150/mo at 4....
John Mills
House in foreclosure. Owner deceased. How to buy?
Looking for my first flip and found one pretty interesting. Its actually the house I grew up in.Owner died a few months back and the house is now in foreclosure. It seems they served a Lis Pendensshortly after his dea...
Emmanuel Longo
Closing on First Deal in Syracuse NY, it’s occupied, lease help!
Hello BP Family!
Closing on my first Multi-Family Deal in Syracuse NY and it’s currently tenants occupied. The property has 2 units both with expired leases as we near closing, the current owner dId not want to issue...
Tanya Brown
Please help me analyze this deal 5-Unit Deal
Hi All,Any feedback is appreciated. I received feedback on this one yesterday and have made adjustments. I don't have anything listed for water and sewer or garbage, because I am returning that to the tenants with a f...
Dominic A.
Selling home to clear student loan debt?
Hi all,
Just joined BP recently after a lot of lurking so hello! I bought my first SFH 3 bed 1 bath this past fall directly from the previous owner. I bought the house for $105k and many comparable homes in the area ...
Trae Swofford
4 to 5 plex multi-family question
Considering investing in a 5-plex. Planning on living in one unit for a while. I hear rumor of how taxes and other things change from 1-4-plexes to 5 and above-plexes. True? Could anybody point me in a direction of info?
James De Silva
Conventional financing with short credit history
Hi All, I've been in the states for about 3 years now, but have only really built up about a year and a half worth of credit. My credit score itself is excellent, and everything else, job history, income, reserves etc...
Account Closed
Values for the Calculators
I'm trying to do some calculations using the calculators (in particular, the BP Wholesaling calculator for rental properties). I'm wondering, though, how to find the estimates for the expense calculations. I'd like to...
Joe Graham
Greetings from Maryland
Hello all, My name is Joe Graham and I have been exploring the world of real estate investing (flipping homes) for the past few months. I have read multiple books, listened to podcasts, read blogs/posts, and spoke wi...