I bought a 2 family the end of 2012 and have now completed my first year as a landlord. My accountant recently provided me with my Schedule E tax return for 2013 and I was surprised to see that my taxable income i...

Question I have regarding the transaction and use of funding. I’m looking to buy distressed single family properties, fix and/or buy hold or sell. Most of theses homes banks will not fund due to the work they need. So...

I'm curious to see what other people would do in my situation. Actually I'm not 100% sure what to do so I would like others opinions.We finally got to a point where we can pull $70,000. cash out of our primary home. I...

Good Morning BP Community!
This post may get a bit long and detailed, but all of the up-front information is relevant to my question.
My wife and I recently completed our live-in flip on Cape Cod, MA. The final chec...

I've tried to search BP forums about partnerships and although I've come across a lot of valuable information, I've yet to find my specific situation discussed. Basics of the partnership:- All the properties will be i...

Hello,I wanted to ask what option would anyone recommend for me in my first real estate purchase. I’ve saved around 40k and I’m interested in either buying an investment property or primary home to live in. FYI my mar...

Hello! My name is Mike Ferrito, I'm 20 years old studying Industrial & Systems Engineering at The Ohio State University. I serve as an aerial-refueling crew chief in the Ohio Air National Guard and for a fun fact,...

Hello Everyone

I have some questions about borrowing from a Mortgage broker.
Well first off I found one in my area. They require 25% down for any investment property. They can only fund properties 70k and up. Their ...

I will try to be as straight forward as possible..

Good friend of mine knows I tring to break into the rental business, and do it correctly..He owns approx 100+ propert...

I am investigating the possibility to buy a previous landlord's local portfolio.  Most of the properties are in the $30,000 -$40,000 range.  While I have cash to purchase it (via HELOC and similar).  I would like to f...