Is there anybody in the DFW, Texas area that has done a 1031 exchange. I am about to sell my only rental property, but I am going to buy another one. I owe about $60,000 and I am selling for $90,000. I would hate to g...
Situation: I currently own a rental with 100% equity. Home is valued at $74,000.00 and currently renting the unit out for $900 per month. I would like to obtain a fixed rate HELOC on my rental for 75% LTV.
Numbers:...
Hi all. I have a situation where a house has been on the market for about 6 months. It is a REO listed at $29,900. I had a contractor friend of mine look at the house yesterday. He confirmed what I thought that it...
Hey, BP family. Yes I'm a newbie still learning the game and education myself. I've had 2 units for about 5 months now and it is now tax time. This is my first time doing business taxes and I want you guys opinion to ...
My fiance and I are looking to purchase our first multi-family unit here in Kansas City. We are trying to crunch through the numbers and wanted to see what you all thought and receive some input or insights.The follow...
Hey guys. Looked at a raised ranch 4bed 2bath house in Beacon, New York. It's 2,350 sqft and corner lot. Needs minor work such as flooring, paint and kitchen remodel. Has finished basement with minor repairs. House wa...
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*This link comes directly from our calculators, based on information input by the member who posted.How did my analysis go? I still need to reach out to the realtor in regards to any property updates that...
Looking at a SFR deal as a result from direct mail marketing but I am waffling on the 'What Ifs'. This is a 3/2 in my local area that can rent between $1100-$1200/month. The owner (retired broker) owns it free and c...
So I'm somewhat new to the Investing world and had a question that I haven't been able to find the answer to. I'll give some background info first. I currently have 2 homes. A personal residence and a investment prope...
Hi everyone, I'm currently in an unfavorable situation that I can't seem to find my way out of. Hopefully I can get help here at BP. I currently live with my brother and his wife and I'm looking to move out into a m...