James P.
Home Equity Loan
Hi everyone,
I have over 30 years experience in the home construction field.I have owned and operated a small remodeling business for the past 20 years.I own a home that is completely paid for,no mortgage.Wanting to g...
James Breese
JV Partnership Out of State
I have a wholesaling LLC with a partner in Texas. We recently have been speaking with someone in Tennessee and are discussing partnering up on their wholesaling business (located in TN). Are we required or is it a sma...
Melissa Loupeda
Purchasing foreclosed property as your first investment
I just started looking at foreclosed / pre-foreclosed properties in Boston and getting really excited. I want to temper that excitement a bit because I understand there's a considerable amount of risk involved. I just...
Steve Garcia
AIrbnb booking to lease request.
Hi! I recently received my first booking on Airbnb for a 31 day stay. The guest is relocating from out of state and is currently in the market to buy a home. That being said they want to extend their stay with a lease...
Gp G.
refinance load declined
Below is the response from my banker who did refinance earlier for me. Any lender who can do cash out refinancing for me based on Property/Asset rents but not on my credit score which is currently low around (656, 650...
Dan Miklosz
Experience converting single to multi family
Hey BiggerPockets family,
I live in an expensive market, Chicago, where the numbers are difficult to make things work for a house hack. The latest BP podcast got me thinking about converting a single family house in...
Obinna Kanu
Buying with high debt-to-income ratio
Good day everyone. I am in the market to buy my first rental home but due to the mortgage on my personal home, my debt-to-income ratio is relatively high. Is there a workaround for the debt-to-income ratio issue? What...
Mohammed Zeeshan Sayeed
First Time Home Buyer - Chicago, IL (Realtor and Mortgage Broker/Lender References)
Hello all, I'm a first-time home buyer looking to buy my first property in Chicago, IL and surrounding suburbs. Looking to house hack preferably a multi-family home or single family with a ADU unit. Any leads would be...
Ryan Dopps
Seeking advice on buying first 4 unit multi-family
Hi All - I'm pretty new to the BP community but I'm highly motivated to officially get started with REI via a 4 unit multi-family home. My current plan is to live in the downstairs 1B 1BA apartment, Airbnb two of the ...
John Malone
Recent Tax Court Case on Failed Real Estate Professional...Again!
A recent tax court case shows why the IRS is so successful in winning REP cases against taxpayers. The case Gregory F. Teague et al. v. Commissioner was pretty easy for the IRS to win. Honestly, quite surprised this...