Hi Everyone, I'm closing on my 2nd BRRRR deal this coming Friday. The first is rented and performing, and was actually a seller financed deal. This deal we are closing with private money, rehabbing with a line of cred...
I have listed my rental home of 6yrs for sale, our situation me and wife are working and the capital gains tax quite doesn't look correct. I was told the capital gain tax doesn't avoid us from actually adding the prof...
I have been approved for a HELOC, original thoughts were to use for the down payment/closing costs on investment properties. My concern is by using the HELOC as mentioned then applying for add'l conventional loans as ...
BP Forum,This question pertains to deducting my home renovations for renting a room and renting the house a year from now. I live in a 1300 square foot, 3 bed, 2 bath house. I moved in March 2017 and have updated all ...
Hi there BP friends! I have spent the last 6+ months learning everything there is to RE, read nearly every pertinent book, listened to webinars/podcasts, attended landlord classes, analyzed countless properties. I t...
Thank you so much for your time and visiting!I've read various posts about what type of professionals to hire and gone through some courses on BP.If you know of a course/post that answers this question please refer it...
Hello - I'm just starting out and the biggest hurdle for me is related to obtaining the necessary funds for a down payment. I've recently gotten out of debt so I have the credit required, however, I don't have anythin...
Hello- My wife and I are new to real estate investing and are looking to purchase our first rental property, ideally a property that has been foreclosed on. Is it common for the buyers agent to charge a fee to the buy...
We're currently saving for a down payment on a house. At the same time, I'm interested in single & multi-family rentals. I've read the BP beginner's guide and will continue to do my research, but I have a few idea...
Hey guys so I was talking to a friend who is moving into a new house and he’s selling his previous one. He was telling me about one of the new laws that was enacted this year that in order to avoid capital gains tax w...