Michael M.
Use 3.5% FHA for second home, or use HELOC to put down higher DP
tl;dr question: Use 3.5% FHA for second home, or use HELOC to put down higher DP?Quick Background:I own a 2 family home in the Bronx with finished basement that I bought with FHA 3.5% down in 2013, and have been hous...
Adam Hans
Convert primary residence to rental
Hello all,I bought a house for $300k and lived there for 4 years. During the time, I bought about $5k for tools and materials (with receipts) and upgraded the house myself (that would cost $20k if hiring contractor). ...
Junior Cordova
Capital gains on profit
Hello so i’m new to investing and real estate, I bought a primary resident that ive been living in for the past 19 months. I have been looking to sell in order to upgrade. My property has gained 100k in value since li...
Isaac Schaefer
Accounting Software for New Landlord
My question is simply what accounting software are other BP landlords using for tracking for the sake of taxes, budgeting, expense/income reports, etc?I realize this is a topic that has come up and has been answered m...
Jonathan Taoka
Former Primary Residence
Investment Info:
Townhouse buy & hold investment.
Purchase price: $515,000
Cash invested: $30,000
Bought as a primary residence with the intent to rent it later.
What made you interested...
Milind Mathur
Buy Land and Build 2 Houses V/S Syndication/Other
Hi there,I am looking to start my journey around investing in real estate. I was wondering what are the pitfalls with buying land and constructing two houses on top of that in a good locality. Looks like some killer l...
Jaslin Levy
Rental Income Property in Florida - Boca Raton or Jacksonville?
Hi,I'm looking for a condo or single family home that I can buy and convert to a rental income in Florida, preferably in Boca Raton or Jacksonville. However, I'm not sure which city is better. I will not be doing Ai...
Pete Harper
Small Market Six Unit Apartments
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $340,000
Cash invested: $209,000
1031 exchange from Killeen 4-plex into a 6-unit apartments. The Killeen mar...
Brad Hoover
Separating electrical in multi-family. Costs associated?
Hey all Im looking at a multifamily building. Looks like it already has great cashflow, but the tenants are not on separate electrical meters.What are the costs associated? What steps do you take to separate them?Any ...
Anand Khanna
Can I buy another "second home" for STR with 10% down?
My wife and I own a "second home" in Reno Nevada which we purchased with 10% down and were planning to purchase another one, but our lender told us that we can't get another loan for a second home within ~100 mile rad...