Tar-U-Way Bright
Should I House Hack?
Hello everyone,I'm just starting out in the Atlanta Metro Area and I'm looking to buy my first property in the next 3 - 6 months. I've been reading over the forums regarding house hacking and I've come to a couple con...
Chris N.
VA home loan? one time use? or multiple?
I recently purchased my Single family home with the VA home loan. I now am currently saving for a future multifamily home. My question is, now that I have already used my VA home loan can I not use it for future non r...
Lisa Sluss
Cash poor, real estate rich
I own two properties free and clear, with a total value of $750,000. I live in one and rent out the other. I’ve been turned down for a HELOC by three different lenders (Penfed, US Bank, and Wells Fargo) all because ...
Kyle Holden
ADU Build + Financing
Questions for the community about ADU builds:1) It seems that building an ADU does not add $:$ equity value to your existing property. On average, the numbers I am finding show a $0.50-0.70 equity increase per $1 inve...
Joe Splitrock
Home Ownership Doesn't Build Wealth
A new study that was a collaboration of three universities concluded that in the nations 24 largest markets, only 4 showed median price increases between 2010 and 2016. (Three of four were in Northern California and t...
Ori Skloot
BRRRR Strategy really works! Even in the Bay Area!
I am every so grateful to BP and all the great people that are part of the BP community. It was after reading extensively about the BRRRR strategy (Buy, Rehab, Rent, Refinance, Repeat) that I was inspired to try it o...
Account Closed
Help Newbie with Finance / Tax Implications for Rental Property
Hello,
I am new to the rental property investment world, and was hoping to ask for some tips / guidance as I navigate this process. My main concern is around optimizing my finances (personal taxes), as well as making...
H. Jack Miller
What can go wrong with Subject to Investing
Seems a lot can go wrong with this and I wanted to speak with existing investors and see what has gone wrong with this in the past and how have then fixed it.
Mike B.
Stick with HELOC or cash out refi?
Hello, I started on my real estate path this year. Since June, I have purchased 5 buildings (7 units), all purchased with a HELOC that I have on my own residence. Today that rate is at 5% (up from 4.5% when I opened i...
Saran Mandhadapu
Sell Secondary home to LLC to avoid 5 years Capital Gains Tax
Hello,By end of 2018, I would have owned my Second home for 5 years and have stayed in it for 2 years as Primary Residence out of the last 5 years. I am looking to convert that into full time rental property and also ...