I am a commercial loan broker in Charlotte, NC. I had a prospect inquire if he could obtain 70-75% financing for a joint venture that is acquiring Single Family Homes with a purchase prices of $200k - $400k. He perfo...
Hello BP, I have a question with regards to a scenario that I am facing with my VA loans. I'll provide some background info. I am currently working as an overseas contractor after finishing active duty I stil...
Hello fellow real estate investors!
I'm excited to dive into the world of tax deed investing in North Carolina. However, I'm just starting out and looking for some guidance on where to begin my journey.
I've done so...
Hi! We are new to investing and BP and jumped in head first and went pro—that's how I roll. HA ;DBrief Background:We have a 2BR SF Bay Area condo that we'd like to 1031 in 2018 when our current tenant's lease is up at...
Hi! I need your help!
We flipped a house that had some electrical done prior to us taking over.
House is now under contract and we wanted to get the electrical work done permitted for our peace of mind. We did just...
Hello All,I am COMPLETELY new in wholesaling but am serious. That said, I have the following questions:What should I write to absentee owners the first time? What should I write to them the second and subsequent times...
Investment Info:
Single-family residence wholesale investment in Sacramento.
Purchase price: $141,000
Sale price: $181,000
While this property doesn’t look like much since it is a burned out husk, th...
Investment Info:
Single-family residence buy & hold investment in Lexington.
Purchase price: $94,000
Cash invested: $18,800
Bought this property from HUD. Modest amount of renovations and rented ...
Investment Info:
Single-family residence buy & hold investment in Bryan.
Purchase price: $240,295
Cash invested: $88,623
The original structure was a dated 3/2 surrounded by 3 new HFI homes. The...
I have a question about cryptocurrency and tax implications.
Suppose I am paid $10,000 for a job or service I perform and receive the amount in Bitcoin.
I understand that I need to treat the $10,000 in bitcoin as ...