Kin Lay
If you only have $5,000 cash and $15,000 credit...
If you only have $5000 cash and you can borrow up to 15000 from bank or institution this year, how would you invest that money? Assuming you are fresh out of college and just landed a job for 6 months. Also, assuming ...
Jason Jones
struggling with this decision
I have worked in corporate america for over 15yrs and investing in real estate part time since I was making $70K on job... Well, I recently lost my job now finding another one is so painful and stressful that I rea...
Nathan Gesner
How are you "beating" government regulation?
Both federal and state politicians continue to stick their fingers in our business with various regulations. Rent control is becoming more common. Limited rent increases. You're limited to how much you can charge for ...
Mukesh Yadav
Looking for feedback on Self-Directed IRA custodians
Hi Everyone,I am looking to open a self-directed IRA account(checkbook facility) and would love to get some candid feedback on who are some of the good custodians out there, that are flexible and have reasonable fees....
Joshua Fu
Condo/Apartment/Coop in Jersey City vs Brooklyn/Queens
Hi everyone,I am an Army veteran, also a first-time buyer moving to NY area in a month. My new job is in lower Manhattan area. I will rent an apartment first but I am going to buy one eventually. My considerations are...
Burke Ericson
Cash out or reinvest
My family owns a duplex in LA free and clear. Due to rent control, these properties are generating about 20% of what they could, it is bad. The property is in one of the most popular neighborhoods in LA and I think ev...
George Post
Closed On A Small Multi This Year- Should I Do a Cost Seg?
Hey Guys!
So I bought a 3 family in Feb. this year for $550k. I just refied and it appraised for $650k (Def. got a deal on it... it was off market!). It is still below market rents, but we are working up the cash flo...
Nathan H.
Fannie Loan Guidelines: Refinancing non-arms length, seller carry
Hi BP community!
I'm having a hell of a time trying to find guidance on conforming guidelines for a particular refinance I want to do and am hoping someone has some advice..
I'm buying a duplex from my mom that she...
Tom Wheelwright
What Does It Mean To Be A Real Estate Professional?
If you own rental real estate, there are three different ways to treat your rental losses depending on your status. One of these is "Real Estate Professional."
First, let's dispense with one myth: Real Estate Profes...
Jamiru Mutebi
New investor - Basement for short-term renting
Hi everyone,After reading a good number of experienced investors' posts from different forums, my wife and I have decided to finish our basement for short-term renting. Having said that, we would like to ask for your ...