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Hello!So I have acquired a property in Allentown, PA that I had originally thought would be able to convert legally to a 3 unit residential but it turns out because of a couple of issues it can't. The property consist...
Some landlords find themselves in a precarious situation when their rental properties consistently generate losses, leading to financial strain. In dire circumstances, this strain can escalate to foreclosure proceedin...
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I'm pretty sure you can write off the bootcamps. If so how do you do that? does BP provide a receipt to give to my CPA? I can't find my receipt in my emails just wondering if anyone else has done this.
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I have search for a while on t his specific question but cannot find an answer. When filling out the IRS SChedule E for a multi unit property,
do i list each apartment separately or do i have to list it as a "pro...
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This question is for any lenders particularly in the Philadelphia area. I'm interested in a multi unit property that is located just outside philly but I currently live near DC. My wife and I are considering moving to...
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Hey My Name is Christopher I've Always Loved RE Its My Dream Job And I Want to prepare and lear as much as i can do before starting out Im A Truck Driver From Lehigh Valley ,PA Area...Im Home every day And my salary i...
Hello Bigger Pockets, I found my deal and am ready to find a bank to start my investing journey with. What criteria should I be looking for when choosing a bank. I’ve read to go with a local community bank but am wond...
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Hi, I'm new to this whole investing realm, I was wondering if anybody can give information about financing when it comes to flips vs BRRRRs and give scenarios if we are using a hard money lender and also JV partner. T...
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Just got off a call with a commercial lender at a local bank in Miami. I'm looking for a mortgage to cash out refi a condo in Homestead as part of a brrr strategy.
The lender said:
- local banks have slowed down the...
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My two best friends and I are planning to start a construction/rehab business . I have the most construction experience, as well as they aren't new to the type of work. I have the lowest credit score at 605/620. The o...