Raymond Macasaet
If you switch your VA Loan to Conventional Mortagage? Can you....
Hi BP community! Can you reuse your VA Loan if ? You converted your mortgage to Conventional loan?
Austin Cox
Veteran - House Hack a 3/4-plex then long term rent - strategies
Hello! I have a couple buckets of questions in regards to house hacking multi-family units that I would love some advice on:1. The VA loan is a great benefit but comes with described refinancing restrictions. Namely,...
Todd Peoples
Creative deal structure for hill country ranch deal
Hey all,
I have a good relationship with a non-profit that owns a beautiful several hundred acre ranch in the Texas Hill Country. Unfortunately, a lot of the buildings and systems need repairs and are pretty run dow...
Account Closed
Insurance payout on repairs count as rental income?
I cant find this exactly on the IRS pages, but I have read on some sites that I may have to claim the insurance payment, as rental income, and then the entire cost of the repairs add to normal repair on schedule E. Is...
William Hiday
Looking for Commercial Mixed Use lenders in Indiana
My niche is purchasing and restoring the 100+ year old mixed use buildings that you can find on Main St. in just about every Midwestern county seat town and then keeping them in the portfolio as long term Buy & Ho...
Sean Williams
Rental Property Caught Fire - What Happens Next? (Pics included)
First and foremost, thank God no one was hurt or killed!Thursday I got the call as a landlord you never want to get: "The house is on fire!"Naturally I had to do a double-take to make sure I heard correctly, as you ne...
James Jones
Own 2 properties. VA loan maxed. Little savings. How to buy more?
Hello everyone!Ok so I currently own 2 Homes financed through VA loans. One in Grovetown GA which is entirely covered by a tenant for the last 4 years, and one I'm living in in Ewa Beach Hawaii. I just closed on the c...
Chad Duncan
VA Refinance vs. Conventional Refinance
I'm curious to anyone's opinion regarding a VA refinance or a conventional Refinance. I have roughly 30% equity in a duplex that I own and wanted to tap some of that for the next place. However, if I do a VA refi (hig...
Honglian Wu
Buy a Fire/smoke damaged properties?
Good evening BPers,Help/ Advise needed :) Today we have run across a fire/ smoke damaged property, it’s off market, the owner has got paid by insurance company, he is asking ~195K, the ARV ~400K. it’s a very nice 2 ...
Shannon K.
Buying BEFORE Auction?
I'm talking to a woman who wants to sell. This is my first time NOT using the MLS to find deals so can I purchase the home from her before its really auctioned this next time??She’s been served Lis Pendens 4 times in ...