Corey M.
Renting out Primary residence - tax implications
As noted in another post, I'm considering renting out my LA condo, which will be cash flow negative in the range of $500/mo. I bought the house for $320k with 20% down, did a cash out refi recently and got a new $420k...
Katrina O'Bannon
Hard Money Loan Draws
I have a current deal in process and my hard money lender (Zeus Lending) is taking about a month to do a simple draw request for work that has been completed. With this timeframe it will take several months to complet...
William Smith
Looking to invest out of state for cash-flow (currently live in California)
Hello there,My name is Will and I currently live in Northern California. I am currently doing my first BRRRR that should give me around 100k in equity after a cash out refinance. I am looking to deploy my cash into a ...
Dan Golden
Getting Started with JV
First, thank you all for your generous contributions to the forum. The BP community is so welcoming to new investors.I have a few questions that I'm hoping can help myself and others just getting started:1. I've heard...
Jean Bolger
What do you think of this seller's Schedule E...
I was looking at a group of 4 fourplexes as a package deal. I had done my projections (yay! 50% rule) and things were looking good. Showed it to my lender, things were looking quite good. (yay!) Then, I get the seller...
Catalin B.
The anatomy of a private money loan process
I am new here and I am looking for a short brief description about how a private/hard money loan works from start to closing (typical process)...this might be helpful for both private parties that are interested in le...
David Hoke
Assisted Living - Independent Living
I have been researching residential assisted living homes. Essentially purchasing and converting a single family home into a home that will house 8-16 seniors and provide caregivers, etc. Does anyone on Biggerpocket...
Ace Saxon
Funding advice
I am looking at a few properties to be my first buy, fix, and hold property. I am needing some help figuring out the funding part. I have a down payment and good credit and my plan is to buy, fix, then refi for a 30yr...
Jason Schmidt
What is considered Financial Independence?
I was thinking - is financial independence acheived when you have enough property to produce rent that will cover all of your monthly expenses, and then have some to put aside in case something happens. Is this right...
Miles Thompson
Advice to help calculate investment opportunity
Hello,I have a house that I split into a duplex, each side bringing in about $1500 each.
This has been a great cash-flowing setup as the house was bought for $362k and we've had it for about 6 years.There are some fo...