Asif Ali Kabiruddin Rajani
Investing in Buy-to-let or to Flip in Europe?
6 August 2024 | 3 replies
Hi @Asif Ali Kabiruddin Rajani,What we hear a lot from other Americans is that real estate opportunities tend to cost less here in Europe (especially in countries such as Spain where we are active).A thing to keep in mind though is your tax planning as you will still need to pay taxes based on the US guidelines if I'm not mistaken.
Don Taylor
PML vs Traditional Bank
9 August 2024 | 4 replies
It it is just a straight loan (not fix and flip etc) then it boils down to underwriting and application time whereas a private/HML can close in 7-14 days or faster and a traditional bank will take up to 45 days.
Edward Ajello
Wholesale/ getting started in real estate
5 August 2024 | 6 replies
When I found out about real estate, it changed my whole perspective and how I think as a person.
Mor Maman
Rochester / Buffalo, NY Market
7 August 2024 | 6 replies
Hello everyone,I’m currently living overseas and just getting started with real estate investing.
Alex Sarnoff
When should I get pre-approved for an upleg during a 1031 exchange
12 August 2024 | 4 replies
We are looking for a loan broker as opposed to a real estate broker.
Paul Scammacca
New purchase rental or owner financing
9 August 2024 | 2 replies
If you are looking at protecting your profit, you can have a prepayment penalty, that would be graduated, for instance, you could have a $50,000 prepay year 1, then $45,000 year 2 and so on until you get to year 10 with no pre payment penalty.Also for future reference you can get Fix and Flip loans without having to tap into the equity in your primary residence.
Jeff Ebert
Myrtle Beach Property Manager search
11 August 2024 | 5 replies
@Jeff EbertRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
Alex Silang
First time flipper. How can one prevent a wholesaler from taking you to the cleaner?
7 August 2024 | 11 replies
@Alex SilangThere are also other ways to find flips besides wholesalers.
Tiffany Da Silva
Low Income & 2 rentals - Need advice on next steps to invest in real estate
6 August 2024 | 6 replies
(I still haven't done my 2023 returns since this has been weighing the decision).That being said, I have a goal to buy another investment property this year and possibly do the BRRR strategy or a flip to get more capital on hand.
Chloe Gray
Getting a loan on a property in a foreign country
11 August 2024 | 5 replies
I could obtain a real estate loan here, but interest rates are crazy high.