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24 November 2024 | 1 reply
Converting the entire property to a rental later allows full deductions but eliminates primary residence tax benefits, potentially increasing capital gains taxes on sale.
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23 November 2024 | 3 replies
Exit Strategy: How easy/difficult has it been to sell units in similar properties?
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24 November 2024 | 2 replies
Quote from @Jay Martin: Has anyone heard of or used Bluebird lending they have dscr loans, etc. opened in 2018 in Philly, lend in a bunch of states, but hard to find info on them. have not heard of them but based on the website appear legit.
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25 November 2024 | 0 replies
We are currently in the process of Renovating this home built in 1965 and plan to have completely transformed it by spring 2025.
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23 November 2024 | 7 replies
So now is a good time to buy if you leverage your ability to put a good amount down and close...that is attractive to sellers that are eager to get out of their property.
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23 November 2024 | 2 replies
Welcome to BiggerPockets Luc and good luck investing!
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3 November 2024 | 0 replies
I borrow dollars from the bank and immediately sell those dollars to owners of commercial income property that I want to own.And then I buy those dollars back over time using the cash our tenants pay us in exchange for using our space.I'm currently shorting $10M and I can't lose regardless of who wins on 11/5By the way, the dollar will always decline in value so this thesis is applicable in any election or economic cycle.Go vote for whoever you feel strongest about, but remember you have infinite more power and that which is within your direct control.
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24 November 2024 | 2 replies
If Oklahoma has a law called "Predatory Real Estate Wholesaler Prohibition Act", don't you think that might just be a state to avoid for a new wholesaler who doesn't know much of what they are doing yet?
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25 November 2024 | 0 replies
What are some unconventional creative financing strategies you've personally used or encountered in real estate investing that led to unexpected success, and what lessons did you learn from those experiences?
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23 November 2024 | 2 replies
And then ideas to pay it back?