Hello investors! I'm needing a little help to push me towards my first wholesale deal. I have the motivation and I have the money. But just not enough knowledge to make the first step. When I say I have the money,...
What type of financing would I need if I want to purchase a house and live in it for a year while fixing it up? I would want to do the major rehab (Kitchen/Bath) before I move in. Is hard money my only option and then...
Im asking this one for a friend. One of my marine corps buddies recently bought a duplex using a VA Loan. The property is great and producing him great cashflow but he just got a promotion with our company and needs t...
I know the best approach to pet-proofing is not allowing pets, but based on a recent discussion with my new property manager new tenant laws may require that Landlords allow "comfort" pets. So that being said, I plan...
Hello BP community! First off, thank you all for contributing and helping keep this dynamic resource alive! This community has really made REI appear more approachable and less intimidating. Since finding BP a few wee...
Hi BP Community,Here's a random question. I have a TDI Diesel car that VW is buying back for approximately $28K. I am looking for a replacement car. I was thinking it would be nice to use that cash towards another ...
Hey Everyone! So I'd like to gain some feedback from those who are fairly knowledgable in dealing with Capital Gain Tax on selling investment properties. From my current understanding Capital Gain Tax are assessed bas...
Hi Everyone - I'm hoping to start a bit of a theoretical discussion and I'm not sure how to best describe my thought process but here it goes!I'm looking into the fix and flip model and am trying to find a path that w...
Hello all... can someone who has done it, is doing it or has their own blueprint help me to visualize the actual steps to achieve the dream.
Goal: produce a monthly rental income of 15,000. Ideally within 10 years by...
I can grab around 250,000 of equity on my primary home, using a revolving HELOC at 3.25% variable.
In my market, this will only fund a down payment.
Is this a good time to be doing this, considering there’s a reces...