My local market is small and I know it well, I have found a fourplex that I intend to purchase as my first investment property. I meet the debt to income requirements to qualify for financing from a local bank and the...
I am thinking of purchasing a home from a friend in South Carolina . The property is occupied by a gentleman who has rented the property for many years . My friends mom owned the property until she passed . My friend ...
My wife and I are selling a small, old church that needs work. Today, we received an offer using seller financing. I have never offered seller financing before when selling a property and am curious if anyone has tips...
Good morning BP family. Happy Monday. Is anyone familiar with the Chickasha area in Oklahoma. We are considering purchasing a house in that area. We live in the OKC area. We do not want to self-manage the property but...
Hello, Myself and my three daughters are wanting to start investing in multi-family. Looking for direction on how we should set up the business or IF we should set it up as a business before we start or wait until af...
Hi All,My partner and I met with our first private lender yesterday, he was very knowledgeable, successful and in general a good guy. We were throwing out questions about REI and came across wholesaling and he said t...
I'm getting ready to close on a purchase at the end of this week and just found out that there will be no prorated rent added to the HUD. According to the seller, during this cold weather there was a burst pipe in...
My buddy has a billboard on his property and is selling the entire property with the billboard which is leased to CBS. I will be approaching him to buy just the rights to the billboard. Technically, would I have to b...
Sorry if this may be a duplicate. I think I posted it in a local category before. Hey guys, I came across a off market bundle of 4 townhomes. These are older 80's builds but in a Class B working class area that is boo...
Hi all,I have this combo-strategy dreamt up, and I'm curious if anyone (especially tax or 1031 experts) has insights or opinions as to whether or not the IRS would drop kick this right out as taxable boot in a 1031.*D...