Jacob Elbe
Buying Property a Relative Below Market Value
So I have a situation I don't know how to handle or who to speak to about it, but since it has to do with real estate, I thought BP would be a good place to start!
Here's the situation:
My sister-in-law...
Rebeca Enriquez
Step one get a lender? - Mortgage broker recommendations Dallas, TX (or surrounding)
Hi! I am 25 years old, since I was 9 my dad made me read the book Rich Dad, Poor Dad, and 1 year an a half ago I was transferred to USA from work, in that book he talks about financial freedom and real state, so I re...
Vic Vega
Using an LLC. Pros and Cons??
Hey everyone!I'm sure this topic has been discussed many times but I'd like to revisit it now as I'm thinking about creating an LLC for future investment properties. I'm new to buy and hold investing this year so I'm ...
Don Pham
Lost my job, what should I do?
Hello all, first-time poster on bigger pockets. Sorry in advanced if it's a long complicated post! I'd been listening to the podcast for about 4 months or so, even started getting prequalified for a mortgage but never...
Joseph Martin
Cost Segregation for SFRs and rentals
Does anyone do cost segregation for SFRs and rental properties? I’m trying to learn how to do this, especially since I’m in the 37% tax bracket. Any advice and direction is greatly appreciated! Thanks!
Xavier A. Malave
$0 net income after taxes
Good morning, quick question. After doing my taxes I’m left with $0 net income because everything this years was losses and no gains. Does that affect my refinance once I finish my first BRRRR, having a $0 net income?...
Connie Willingham
Help with ReFinancing an Underwater Loan
I have a rental townhouse assessed at $114,000. Bank loan at $121,000. I'm $200 out of pocket each month to meet the mortgage and it needs a new roof. Wells Fargo owns the loan, but Bank of America services the...
Carson R Gill
Investment Strategy San Diego CA
What's up people- Looking for any and all advice on getting into a smart investment with my current situation. Currently, I own/live in a mortgage free, 1/1 condo in Little Italy. Base monthly expenses include HOA ($7...
Jen Smith
Opinions on getting started
Hi! I’m new! I would like some opinions on the following:My husband and I want to get into REI and we love the idea of purchasing a new property every year or two, living in it to get the lower mortgage interest rate,...
Justin Smith
Newbie from Fairhope, Alabama
Greetings from Fairhope, Alabama!My name is Justin and I've recently relocated to Fairhope with my family. I currently own two rental residential properties, but they are reluctant landlord situations so I'm planning ...