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Results (10000)
Matt Gogh Partnership - Ways to hold title, conventional financing required
1 April 2018 | 2 replies

Hello BP friends!I am planning to partner with a friend who will provide 20% of money for the downpayment, while I get conventional financing for the 80%. My question is: How do we legally structure the partnership to...

Account Closed Self Employed Certification
13 September 2007 | 3 replies

I was told by a mortgage person to get a license or certification to tell that I am self employed to get a second line mortgage. I dont want to do anything illegal. Is this illegal?

I dont have enough income coming i...

Aaron Corleone Are students a protected class?
6 April 2015 | 2 replies

I live in Pennsylvania and just refurbished a home. It's near Penn State and I don't want students in there partying and damaging the property (because that is why I had to refurbish it!). I'm wondering if I can ask m...

Srikanth Vadlakonda Private money from friend but what taxation use it for housing?
27 December 2021 | 2 replies

My friend wants to give 100K loan to my LLC from his LLC (no interest) . And I want use that money for my housing flip investment. He wants to give that as 1099 but that will be my consider as income to me. I am going...

Gaelan Bellamy Ran rent/expenses through llc that doesn’t own the property...
24 February 2020 | 3 replies

I have a passthrough single person llc that I ran rent and expenses through for a property that I personally own.  In retrospect, I should have done this through my personal bank account, but what’s done is done! Tryi...

Alan A. Positioning oneself for first loan: Claiming taxes
18 December 2014 | 2 replies

Hello BP.Thanks in advance for taking time out of your day to consider my question.I am trying to position myself to obtain financing for another rental property next year.I currently have one rental property, of whic...

Ryan McElroy What would your strategy be?
14 May 2015 | 3 replies

If your goal was to build $300,000 of passive income per year in real estate, how would you go about doing that? What would you specific strategy be?

Dominique Mickles No job but good credit
20 July 2019 | 7 replies

I don’t have a job but I have great credit.. Is there anyway I can obtain a loan?

Matt Smith $90K salary for $3.8K rent: accept or reject?
26 July 2016 | 9 replies

I have a candidate who makes $90K per year. The monthly rent I would charge is $3.8K per month. Should I even consider accepting?

Levi T. The new Virginia source of funds discrimination law
30 July 2020 | 1 reply

As you have likely heard, Virginia now requires all landlord not to discriminate based on source of funds, as of this month. Example is section-8, and what I assume includes money from non-profits. I find this to be a...