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My business partner and I have an accepted offer on two rentals as a package deal. We are dealing with a local bank who specializes in rental property loans. The total loan amount for the combined properties is only 3...
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Hello folks! I just joined BP......what an awesome site!! Anyway a little background....... I have done some wholesale deals and was a landlord from 2003 to 2005. I guess this have changed since then and I would li...
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Hi my name is Kamaron I'm from the Milwaukee area. I've been researching properties around the area for a while, specifically the 4-plexes. My question to you all is that I know you have to live in the property for at...
Hi there, I live in Vancouver Canada, and do not currently own any property. I was recommended a well known Canadian mortgage broker that has lots of experience with REI. After providing all my documentation, I have b...
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Is there a specific percent you can write off and still be considered owner occupant ??I have a 3 bed 1.5 ba house 2 car detached garage . I own a landscaping business also . My tax plan (all of which is true) was to ...
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Hi BP community, I'm on my second rental property with another in the pipeline and I've learned so much from the BP community. Thank you to all of you who take the time here to share their knowledge and experience wi...
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A friend has let her family member stay since Dec 30 in her basement. However the family member is not following house rules and becoming a problem. What does my friend need to do
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Hi! I'm looking to move to the Oregon Coast and think I found the property that I want to make an offer on (this one for my primary residence). However, it's one that the listing agent showed me and I'm a little he...
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I own 1 rental property and was wondering if I should put it on LLC. Just wondering what are the pros and cons or if its even necessary. Thanks in advance!
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When getting a mortgage, there are several more highly leveraged (low down payment / equity) loan products for owner occupied property. Do cash-out refinances have similar benefits (more leverage) when owner occupied?...