Curtis Cecil
Bought my first property for myself, how do i continue to the next?
So I purchased my first property for myself back in December and I'm no longer renting. I want to purchase another property around the Fall time and should have about $12k in cash.
To buy another place it would take...
Justin Kill
Advice on my neighborhood selection
Hello,I live in Columbus, Ohio witch if you are familiar witch has a pretty hot market with prices and lack of inventory. I have been looking though in some of the less hot neighborhoods that are well established but ...
Jeff Lee
Thoughts on tenant using offspring's SSI to count towards 3x
Potential applicant wants to use the SSI of his/her offsprings to count towards the 3x rent/income requirement.Thoughts?
Daniel Ordonez
Insurance policy on loan?
Ok I have a private lender willing to fund me/ offer a line of credit but I have a question because I’ve never ran into them asking for their loan to be insured. So they had me fill out an application on a website for...
Bob H.
Freedom Mentor - Any Experiences?
Hello to all, I am new to BP and looking to break into the REI field with my wife. We are wondering if anyone has used the Freedom Mentor program and, in particular, what experiences/opinions you have had? We are havi...
Britt Griscom
16 Condos: How Many LLCs?
We own 16 condos in the same complex in New Mexico. We have divided them into two NM LLCs. Would you create more LLCs to further segregate the liability? Would you create Wyoming LLCs instead of NM LLCs? Would you use...
Anthony Polk
Do land contracts qualify for $8000 tax credit?
From the definitions of who/what qualifies a purchaser/purchase for the highly touted $8000 tax credit, it appears that a change in title (to the buyer's name) is what constitutes the "qualifying event". Of course th...
Anna NA
Closing / Fee Policy
I'm coming up on my closing next week on my first house. The attorney has told me that there will not be an in-person closing, but rather that all they need from me is the check.
Currently I received a signed copy...
Baylus D. Nicholson
I Guess I'm Sketchy?
Good Day BP.I have been trying to buy my first duplex for about a year now. my plans are to house hack it for 2 years or so then move on to a new one and then rent them both, But one thing is holding me back.BANKS! So...
Andrew Rellinger
Seller issues and getting concessions on first property
Hi, I am in the process of buying my first house ever that I am going to live in 1 year then rent out. Ive been under contract since August (going on 4 months now), the seller had to reapir the hot water tank and reme...