Susan Butler
First time investor - using home equity financing options for a cash offer?
Hi,
I am new investor and just got my first cash offer accepted for an investment property which I am planning to use for a long term rental. Initially I was planning to use a mix of cash and stocks to fund this pur...
Tim Hem
Capital Gains and IRS Publication 523
Looking for some opinions on a recent home sale and possible capital gains exemptions.
In short, I purchased my primary residence in 2017. I resided in the home until summer 2020 (total 2 yrs 9 months) and then depl...
Igor Messano
Paying tenants for rent increase
Hi everyone,Thought came to mind and was wondering if this is ever done, and if so what is the good and the bad. Let's say I have a commercial property with a couple of small retail locations (300 sqft) where rents ar...
John McKee
Would you do this NNN deal?
Let's test the waters here. I'm looking at a mom and pop cafe that has a cap rate of 8%. It's a first floor retail condo in a downtown D.C., but in the neighborhood section not the business district where offices ar...
Benjamin Spaulding
Buying my first property
Hello friends! I will get right down to it. I plan on purchasing my first rental property by the end of Q1 2019. I am looking in the Rochester/Buffalo NY area, and have found some properties with some promise. I have ...
Pat Snyder
Question for Phoenix flippers
If you buy a house and want to do most of the minor work (flooring, paint, lights) are you allowed to do it as a homeowner?
Rick Gonzalez
Wholesaling Real Estate: Finding Cash Buyers?
Hello everyone,
I'm sure this question has had a lot of investors puzzled at one time or another. I can certainly tell you that it has me scratching my head, leaving a giant question mark hovering over me jej...
Chris Wood
Brrrr Question on Refinancing (First Post to BP!)
BP Community!!!I have a question on Brrrr refinancing. I'm in the process of purchasing a 3BR/ 1BA Condo that the owner is currently reno'ing but agreed to stop and sell to me as is at a major discount. This is just a...
Henry Aguilera
What to do as a wholesaler??
Hey BP, I want to start my journey as a wholesaler did ton of research and watch tons of videos, but my Main question is
Doing wholesaling in the state of GA illegal?
And the contracts from BP works in every state an...
Demetrius Walker
Can I just rent out both units right away in my 2nd property??
Newbie questions here; would just like some clarity if possible. My wife and I were discussing our finances and we included house hacking in the discussion. I was telling her about the owner occupied loan, living in o...