Dan Miklosz
Experience converting single to multi family
Hey BiggerPockets family,
I live in an expensive market, Chicago, where the numbers are difficult to make things work for a house hack. The latest BP podcast got me thinking about converting a single family house in...
Obinna Kanu
Buying with high debt-to-income ratio
Good day everyone. I am in the market to buy my first rental home but due to the mortgage on my personal home, my debt-to-income ratio is relatively high. Is there a workaround for the debt-to-income ratio issue? What...
Mohammed Zeeshan Sayeed
First Time Home Buyer - Chicago, IL (Realtor and Mortgage Broker/Lender References)
Hello all, I'm a first-time home buyer looking to buy my first property in Chicago, IL and surrounding suburbs. Looking to house hack preferably a multi-family home or single family with a ADU unit. Any leads would be...
Ryan Dopps
Seeking advice on buying first 4 unit multi-family
Hi All - I'm pretty new to the BP community but I'm highly motivated to officially get started with REI via a 4 unit multi-family home. My current plan is to live in the downstairs 1B 1BA apartment, Airbnb two of the ...
John Malone
Recent Tax Court Case on Failed Real Estate Professional...Again!
A recent tax court case shows why the IRS is so successful in winning REP cases against taxpayers. The case Gregory F. Teague et al. v. Commissioner was pretty easy for the IRS to win. Honestly, quite surprised this...
Stuart Cairns
Comparing SDIRA Companies
I am seeing 3 companies offering SDIRA services. I see CAMA Plan, Equity and Quest. What are the defining factors that I should be considering when transferring 401k rollover funds to 1 of the companies.The questions ...
Zach Herbert-Burns
What are reasonable LP terms for a CRE deal?
My question is: What are reasonable terms for an LP in a commercial / multifamily investment that I can draft up and have my CPA and lawyer review? I don't want to come to the table empty handed. In order to fund both...
Erik Cardero
Second mortgage to buy investment
Hi there, Looking for some advice, I recently decided to get a condo in Orlando for investment and vacation , so and Airbnb type. I have 25k saved so not a lot, I applied for a heloc but due to credit limitations I qu...
Alyson Anderson
A Dream Come True: Our Journey to Owning Our Dream Lake House
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $440,000
It was a surreal moment, one that I had dreamt of for years. This beautiful, fully furnished waterfront home i...
Todd Groom
Tampa Real estate CPA / tax property specialist
I’ve kind of asked a ijt this before but have not been able to really locate anyone on here with in my budget. And to be honest there was only one person I had found and that was Anderson Partners and that was in the ...