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Hey BP family, I’ll try and make this as brief as possible. I’ve been reading, learning, listening, all that I can do from: wholesaling, flipping, BRRRR’ing, you name it! I work for a mortgage lender, I decided to get...
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Does anyone have experience willing to share using timber land in a 1031? I am curious to how it could potentially be advantageous to someone looking to simplify their portfolio.
Hi, I bought an apartment in Miami Beach in 2006. I lived there for a few years then needed to relocate. I have been renting it with -$1200 cash flow each month.Depressed home values have left me waiting it out.After ...
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I have two investors who started a development right before the bubble popped.
Rather than cutting their losses they decided to double down and finish the development.
They are now upside down big time. Been slo...
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Ok BP followers, here's my dilemma... I own 1 duplex in a prime neighborhood that is appraised around $450,000. I financed well at 3.75 no MI so my payment is $2075 with a balance of $310,000 remaining on the loan. I ...
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Hello, I love this forum and find this community so helpful. So I figured it would be a good place to discuss my dilemma. So here it goes.. I own a property worth about $320k, with a mortgage of about $100k on it. I c...
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Did a really nice job on a flip but over spent on some things and ate up some profit. Got he house under contract for 212k me paying 7k closing cost so essentially 205. This leaves me with about 12k in profit for 5 m...
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Is anyone doing "wholetail" deals or lipstick rehabs? I have a deal that I locked up for a wholesale deal that could net me about $5-6k (i've done about a dozen of these). After reviewing some of the houses that...
I am selling my home because my wife got a pay cut and we can no longer afford the mortgage. We will be making money off the sell and we are buying a cheaper home. Do we have to pay taxes on the profits from the sell?
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High level decision making question: how do you decide when to sell/1031 vs hold?I have a Vegas 4 plex that has appreciated and cash flows well. Purchase price ~$425k, owe ~$320k, PITI ~$1600, rent ~$995 per unit. Sim...