Victor Nguyen
How can I find lenders to give me a mortgage if my only income is 1099?
I am a first time home buyer trying to start my real estate portfolio. My goal this year is to buy a rental property that I can lease as soon as I close or after some minor repairs. I am open to single family homes an...
Marty Gold
Can I only get a 15 year mortgage?
my LLC partner told me that he just learned we cannot get a 30 year mortgage on our first (possible) rental property. Is this true?And what are the current rates being offered, roughly? Does anyone know. We can put...
Hope A. Williams
Seeking Solutions on Resolving Contractor issues over Budget
Seeking advice from seasoned investors... My contractor started the project in May and requested funds to complete a renovation with 90 days. He has only done the prep work after receiving two draws to start then buy...
Tabitha J.
How did you form your LLC? Lawyer? Legal Zoom? etc
Hello everyone. I would like to get an LLC started but I'm not sure where to start. I thought about legal zoom because they may be less expensive than a lawyer. How did you get your LLC started? Thank you!
Laura Thorne
Cannot buy a duplex in an LLC
I wanted to create an LLC and have the entity purchase a duplex in order to protect our personal assets from a potential settlement-hungry tenant. We found that no lender will structure a deal where an LLC buys the d...
Marc McKinley
401K loan versus investing in QRP/solo 401
Hey BP nation! Quick question as I wanted to see what everyone thought about these two choices.Would you…1.) Invest $100,000 worth of funds within your QRP/Solo 401k directly into real estate or private real estate de...
Brian Dean
Scaling Number Of Properties in Canada
Hi, I’m new to the BP forums as I wanted to hear more specifically from Canadians but I’m a long time podcast listener. Two friends and I together own two small multi-family units (Triplex and Fourplex) in Windsor Ont...
Michael Biener
accounting for newbie with owner occupied multifamily
Hi all, i have been lurking around bigger pockets for the last 6 months or so. This site is very helpful, especially for wishful newbies like myself. I finally closed on my first investment property a few weeks ago. ...
Patrick Orah
Advice Needed on the Tax Advantages with rental income investment
Hello BP community, I am looking for advice confirming what I think I know about tax advantages with rental income and help filling the gaps on some of the tax advantages/strategies that I may be missing.
To begin, I...
Anne Grello
Keeping rental income separate
Newbie closing on my first property, how do I keep my rental income separate from my personal accounts if I don’t have an LLC and therefore can’t open a business account? Should I just open a separate checking account...