Damon Vaughan
Rocket Mortgage vs. PennyMac
I'm currently in discussion with two lenders to secure a conventional mortgage for a SFH rental property. I have experience with PennyMac, and they are currently offering the better loan estimate. However, Rocket Mort...
Daniel Schiff
Taxes due for flip with married couple both with W-2 earnings
My spouse and I have a real estate pass thru LLC we are 50:50 partners / owners of. We are in the middle of a flip which will sell in 2024 and have a second one lined up. Estimate to make 80-100k from both deals. Fo...
Ana Huffer
Stated income HELOC?
We'd like to get a HELOC to be able to have money to put down with a HML in order to be able to purchase a property to fix and flip.We have about $150k in equity in our personal home. We have credit scores in the mid...
Jehan Jaleel
Should I rent out my house to a corporate housing company?
Hi,I am trying to rent out my 5 bedroom house in NJ and I was recently approached by a gentleman who says he represents a corporate housing company. He said his company provides accommodations for temporary workers (f...
Scott Trench
How do I Vet Self-Directed IRA Custodians for Legitimacy?
I'm having a bit of trouble. See, we at BiggerPockets put together a list of Self-Directed IRA Custodians and some resources on the topic here: http://www.biggerpockets.com/rei/self-directed-ira-real-estate/But that i...
Cameron Price
How do you ACTUALLY set up a self directed 401k
After researching different retirement accounts, I've decided that a self directed solo 401k plan is a good fit for me. I have self employment income and no w2 employees. When I search for how to start an account, I g...
Michael Fitts
How I Bought My First House
It’s been about seven months since I bought my primary residence. Luckily, I had done some research going in to the deal so I had at least some idea of what to do. But of course, you won’t really know or learn everyth...
Shane W.
Stopped telling people I'm getting into real estate
When I decided about a month ago that real estate is the answer for what I've been looking for, I started to tell people about my new direction. However when I would tell anyone this I would always get the "yeah good ...
Ashtynn Baltimore
Facebook will now let some employees work from anywhere
Facebook Work From Anywhere I’m sure a lot of you have hear about this but if not, I’m sharing! Thought this would be a great discussion topic. Facebook is allowing a number of new hires and current employees to work ...
Tandi H.
Give tenant their deposit back to avoid conflict?
In an earlier thread, I described my concerns about getting out a problem tenant. They actually did move out on time yesterday, thats the good news. Bad news is that in the process they removed/threw away all the dr...