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Hi my name is Danny. We bought a house for 550k in Canyon Country, Ca 91387 in Spring of 2019. My partner commutes an hour + everyday and works for a high paying job but the stress is killing him and making him misera...
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Hello BP,I have two questions, but the first one will need some explaining. I am on my second house I'm flipping in Southwestern Indiana. During the first project, I elected one of my handymen with a background in Con...
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Hello everybody,
I am looking at buying two fourplexes right down the street from one another.
Will the bank look at this deal as a standard residential mortgage or will they view it as a commercial/multi family de...
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Hi! Many park managers are telling me they don't allow subletting. However, I've been explaining a bit further that the tenant will be buying the home as they pay make payments to us. Some have still given me a solid ...
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I have a family member that is an owner-occupant of a duplex and has a mortgage that is underwater. They have one tenant, they are keeping up with the payments and would like to keep the property.
- The property is...
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I'm having trouble figuring out my best option for funding. I'm currently looking for houses in the San Antonio, TX area to flip (100-200k range).I have $70k saved in the bank. Part of this comes from my first flip th...
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I hope this is the right forum category for my question.Hello All I hope all is well. So here are the numbers based on a seller's LIS PENDEN pre-foreclosure problem in Jupiter, Florida.Overdue payments as of 6/15/11-1...
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Hello everyone! I need help buying my first rental property! I thought I would try here for some help, the worst someone can say is no.About the deal, I have someone all ready to move in. They want to do a rent to own...
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Hello BP Community, I'm looking for CPA advice on what's the best company to form with multiple partners, and how to defer taxes to the company instead of individually. The focus of the company will be Fix and Flip an...
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I bought some land and may just happen to flip it for a profit. (sell it less than a year) Will it still be eligible for a 1031 exchange? And if the property I sell is in Oregon and the equity or profit at that point ...