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Results (10000)
Tara Ballenger FHA downsizing rule?
17 December 2017 | 12 replies

Have any of you come across FHA’s supposed rule that you can’t buy a 2-4 unit property if the unit you plan to owner occupy is significantly smaller than the residence you currently own or are moving from? What are th...

Steven Jones Reducing Risk of Losing Appraisal Fees on Bank Loan Applications
20 January 2022 | 4 replies

Hello BP,
I'm looking to do a cashout finance for a duplex and single-family home. Both properties are owned through two separate LLCs. I was recently working with a bank that came very close to approving my loan but...

Raj Gandhi Shift taxable personal income to business
17 April 2015 | 8 replies

For purposes of reducing my personal taxable income, is it effective to run rental income & expenses through a business?  I need some of the rental income for personal household expenses which would be a salary (r...

Lawrence Ng House Hacking SFH in Los Angeles
10 May 2023 | 10 replies

Hi I don't know if this financially makes sense for my case. I want to house hack in LA specifically Monterey Park area. With PIMI + utilities + car payment, I would use my whole month of paycheck if I lived alone in ...

Grant Lin Carpet to hardwood stairs advice
20 December 2017 | 18 replies

Hoping to get some advice for you all. I have a 2 story townhouse rental that currently has all tile on the first floor and carpet on the stairs and 2nd floor. I have decided to get rid of all the carpet and replace w...

Erik Sherburne Investing in land in Minnesota
28 February 2021 | 9 replies

Hey all-I’m looking to purchase land in Minnesota for now primarily to plant a bunch of trees to offset my carbon footprint. But, as an investor, I also am open to renting it to hunters, or forest mgmt / replacement ...

Don Pham Recently Self-Employed: What income do lenders look at
6 November 2016 | 4 replies

Hello!TL:DR What income do loan officers look at? Total, Adjusted Gross, or Taxable Income?More in-depth: Should I file as sole-proprietor and reduce my tax liability by reducing my adjusted gross income (pays more SE...

Drew Y. Flipping to support my buy and holds habit
26 September 2018 | 26 replies

I decided last year to embark on a different strategy than my normal buy and hold investment strategy given that the market for buy and holds in California has become a lot more difficult where we have seen CAP rates ...

Chase Clemens Submetering Water in Ohio
21 July 2020 | 16 replies

Hey BP Nation,
I am a young investor who has been hunting for my first property to househack in the Cincinnati area, and I am happy to report that I have a duplex under contract!! I am very excited to get started and...

Andrea Long Should I take out my Equity?
17 February 2016 | 6 replies

I am new to owning rental property. We lived in our house for 7 years and weren't having much luck selling it so we decided to try and rent it out. We had an overwhelming amount of people interested and picked what we...