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10 February 2025 | 6 replies
You can offer to buy these properties and assume the existing loan.
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1 February 2025 | 9 replies
I've found that CPAs that focus on a niche area such as real estate rather than offering general services to everyone are typically much more knowledgeable about real estate tax incentives.
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6 February 2025 | 13 replies
Selling it to someone willing to relocate it, offering it for free to avoid removal expenses, or donating it for a potential tax deduction could be better alternatives.If she passes without transferring ownership, the landowner might have to handle the trailer’s removal.
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19 February 2025 | 14 replies
One suggestion to consider as I mainly do BRRRRs as well- find a local bank or credit union in the area you plan to buy that offers construction loans.
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20 January 2025 | 1 reply
Here’s the situation:Purchase Price: $540,000Down Payment: 20%Mortgage Rate: 7.125% (30-year fixed)Monthly Expenses (Mortgage, HOA, Taxes, Insurance): $3,706Realistic Max Rent: $3,000As you can see, I’m currently short $706/month even with max rent.
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19 February 2025 | 15 replies
I may be biased, but I believe our group will have the most value to offer to you in the Lansing area. - Troy
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15 January 2025 | 10 replies
Assuming property taxes + insurance added don't go above $1,100 total, you could maybe make this work.
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4 February 2025 | 13 replies
@Andrae S Wiggins recommend you upgrade your BP membership to Pro to access the BP Calculators to evaluate rental purchases.Play with the numbers to figure out the purchase price that gives you your target ROI.That's the number you'll need to make an offer at, NOT what the seller is asking.Yes, you will get a lot of rejects, but whoever said investing was easy?
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30 January 2025 | 4 replies
However, many lenders offer only the 7A, so you'll have to shop around.
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11 February 2025 | 9 replies
I do like the built in leasing that apartments offers over the OG Cozy site, but I don't really want to pigeon hole myself into the apartments.com brand (or Zillow, or any other of the type) so I'm starting to use rent redi.