Jarrett Chouinard
Wholesaling to Get Rentals in Connecticut
Hello BP family!I currently live and work in NYC, but want to get into real estate investing. With everything in the city being so expensive, I’d like to make my first investments in Connecticut, as that’s where i’m f...
Kayvon E.
Can you buy in cash then get FHA loan?
Can one buy a property on market with cash then get an FHA loan after closing? Trying to be competitive in this market, and I know my FHA offers are going to be ignored. Any insight here? Thanks in advance!
William Coet
Is HELOC Interest NotTax Deductble If Used To Purchase Property?
Hello,When using a HELOC to purchase another property is the interest not tax-deductible? I read that the interest is only tax deductible when used for improvments to the property used for the HELOC.We are trying to ...
Chou D.
Sacramento / Stockton New Investor - SFH
Hello all, My wife and I live in a place where it's next to impossible to own a SFH (the place is SF Bay Area haha) However, with our hard earned savings we want to start our journey into RE, and so we thought perhaps...
Elliot Wagner
How long to wait before converting a second home into investment?
We're buying a second home for vacation purposes financing it as a second home, but renting it out when we're not there. In the first year after purchase, we're planning to live there for 3 months, which will help us ...
Jacob Fitzgerald
To LLC or NOT to LLC that is the question
Building a few new builds a year and selling them.... do I need a LLC OR is it not worth it.
Abraham Lozano
Title company does not know what Wholesaling is
Prior to finding a property I went to a title company and talked about wholesaling and they mentioned they could help me close. Today I got a property under contract. I was so excited as this was my first deal. When I...
Joshua McCarthy
Skip tracing owners of Commercial property and LLCs
Does anyone have any suggestions for how to go about finding owners of commercial properties such as large apartment buildings? I believe parcel search for Erie County NY only shows results for residential. Also, I've...
Meghan Riley
Besides 1033, how can I reduce short term capital gains taxes?
I recently completed my first flip. We purchased the property August 10th and close today (November 24th), creating a holding period of 3 months. We profited around $140 on this flip after closing costs. The selling p...
Kyle Kinsley
Best way to finance a deal?
Hey BP! I own a property management and real estate sales company with my brother. We've been running that for about 1 1/2 years. Our business income has good up to this point. We had to put our business in an S-Corp ...