Zach Vaughn
Using Investor Funds for Down Payment
Hello everyone. I am currently house hacking a duplex that I purchased in April and am now trying to work on a second deal. I have my eyes on a couple of small multifamily properties in my area but am running into the...
Jonathan Hudak
Selling, Renting or REFI in this market
I'm basically a "Pre-newbie". Have been following Bigger Pockets for a while and am looking to get started in Real Estate in some fashion.My wife and I currently live in a condo that we own (bought for $255k, currentl...
Brian Troy
SDIRA
Not sure if this is the proper forum, so please boot me over if I am in the wrong spot. But, I am thinking of creating an LLC with a around 100K from a SDIRA and I have an investor will match with 100K cash. I am wond...
David Adler
To help a friend - First deal?
Hi BP,
I am looking for my first deal and here at my current job I have a very close friend who lives in a 2bd 2ba apartment in San Diego. She has been wanting to move out for years now because she needs a bi...
Trago WAllace
Refinance now or wait?
I have a couple turn key properties (in different states) that I have had for a few years. I am gearing up to start BRRRRing thanks to all that I have learned on BP podcasts and books (thanks!). I have been using po...
Alicia C.
Help doing this math please
Hello! I need some help sorting this out in my head. We have a LTR that was our primary home. Purchased in 2007. Bought for $220,000. Currently owe $100,000. Rents for $2100/month. Mortgage is a 15 or 20 year (...
Jared Comeau
Appreciation tax break on rental properties
Good morning BPI have a question this morning. I'm hopinganyone knows how the tax break works in the US for the annual depreciation on a rental property works.How long does the depreciation tax break last on the prop...
Chris Roche
Refi to get max cash?
I am looking to refinance to maximize the amount of cash I can pull out of my house. I owe about $380,000 and it should appraise at around $525,000.What is my best option to pull cash out? I do have PMI(FHA loan) of...
Joe Kato
First chance to sell rent-to Own. Should I hold the note forever or payoff in 3-5 years?
Hi All,
I have my first tenant ask to buy my SFR house from me. What is recommended way to structure an offer to sell owner financed? Or should I just sell outright and transfer profits with a 1031 exchange and buy ...
Bill Wilson
Deal or dash, what would you do?
Let me start by saying I am new to this and even though I have been educating myself as much as possible; I might not recognize a good deal if it clipped me in the head with a sledge hammer. I may be equally as likely...