Barbara Teel
Does this rental make sense?
Hi BP Members,I'm new to real estate investing and am looking to see if I can convert my current home into a rental. I'm moving out of state (in Los Angeles currently) and instead of selling would prefer to rent it. ...
Mike Nelson
Can you wholesale Occupied Multifamily Units???
I know that you can wholesale any property if the price is right but my question is, how do I got about wholesaling a 4 unit building if it's fully occupied and there aren't many repairs needed?
I know the rents for...
Matt Greenfield
AirBnB Tax Write-offs when using an STR Management Company
Hello,I see there are plenty of other posts with great information regarding tax write-offs and AirBnBs, but I am specifically asking about write-offs in conjunction with using a STR management company. Context: Curre...
N/A N/A
Interest only loan on primary residence
Does anybody have an opinion on using an interest only loan on their primary residence? The logic behind this is that by using an interest only loan you will be able to use the savings to invest elsewhere and be able...
Drew Poniewaz
Seller/ Owner finance restrictions on Zillow
I was recently listing a home for sale on ZIllow with seller financing. They would not put up my listing because it violates their policy on financing. I have listed before on Zillow with financing. Has anyone else ru...
Lucas Hammer
Another Travel Write-Off Question (Hopefully my last one)
Hey everyone, I've searched high and low for the answer to this, but I can't seem to find it. I have a couple of different scenarios and I just want to make sure that I understand how taxes work on both of these. I do...
Brie Schmidt
Too many loans? HELP
I own 3 properties in my personal name - I want to 1031 one of them into another investment property. The issue is I have 18 commercial loans to my LLC and I am 100% owner of the LLC so they are on my schedule E. My...
Chris M.
Short sale caused by a home line of credit? Newbie needs help!
Hey guys, we are currently communicating with a seller who inherited an old home from his mother who passed away and he is an absentee owner. He opened a line of credit on the house that he ended up becoming delinquen...
Matthew Terry
When to refinance a portfolio into a commercial loan?
Greetings BP Mates,I'm closing on my 5th SFH and intend to buy a 6th soon, but this pesky thing called the debt-to-income (DtI) ratio is starting to get a little high for conventional loans. I started investing early ...
Drew McKinney
Private funds/reporting
Hello all,When one receives private funds from say two different parties 50k each to buy a 100k property for example. Friends and family will say are the investors. Does this need reported or claimed anywhere for th...