Lady Stephanie Vasquez
Using HELOC to pay off debt and downpayment
HI BP. I am very new to this community. I have listened to podcasts and read on other groups about real estate investing. I currently have one primary residence SFH, looking for it to be rented out once I get my two y...
Sharma Parth
Looking for guidance from mentors/experienced BRRRR investors in Philadelphia area?
Hi guys - I am looking to get into the BRRRR space and am looking for some advice from someone who has experience in investing in the Philly area.I'm looking to understand the following better - - What neighborhoods a...
Martin Sterling
Asset Protection and Tax Consequences
This is a bit of an Asset protection and Tax consequence question.If I buy a property for 100k (100k is my basis) , 5 years later it's worth 400k, that means I have a 300k capital gain.1 - If I sell the property after...
Ty Wesley
Can I use my HELOC for down payment on rental property?
Hey BP members!If I were to get a home equity line of credit on my primary residence, would I be able to write checks against the credit line to close on an investment property?? Or does the bank just give you a credi...
Jarrett Lau
Wholesaling mentor/advice wanted
Hello,I'm looking for a wholesale mentor. Before you roll your eyes i'm not your typical investor.About me:
I am a licensed(and have companies that provide) insurance,mortgage,real estate,constructionI manage 500+ pr...
Tracy M.
Full Sewage Repipe - Tax Deduction or Add to Basis?
Happy Friday, folks. I own a 1972 duplex that's had ongoing plumbing back-ups. The cast iron sewage pipes are done for and the only permanent fix is to replace the entire system with PVC. Excavation adds a huge cos...
Account Closed
Rehab Property Advice
Hey guys,
I am interested in property that needs a lot of work. Based on what I saw I am not too worried about the work that needs to go into it.
One thing I found concerning was the description of the property in ...
Fandor Malebranche Jr
newbie from Philadelphia, Pa.
I currently just went in business with two friends to flip homes. We working with our savings but not a whole lot, we need some insights and great deals to obtain our first property in Philadelphia. Auction is our nex...
Travis Sun
Serious? Cracked foundation and step cracks on wall
The foundation is block and it is cracked like the following image (not filled):
http://www.pioneerwaterproofing.ca/blog/wp-content/uploads/2013/04/crack.jpg
The exterior walls also has 2 sets of filled step cracks ...
Chloe Kilman
please help on question about equity
Hello All, I am a complete real estate/ business newbie and I have something I am hoping someone will explain to me as if I am a 5 year old.
I want to build a residential assisted living home, which will include nee...