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Here's the scenario, recently I:Sold my VA loan foreclosure first home purchase that I was into at $226k for $325k (lived there 8 years) at the end of February. With those proceeds ($75k after fees, no capital gains f...
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Hello,I am new to real estate investing (buy and hold) and looking into my second deal to get the wheels turning. (First deal was a house-hacking concept.)I came across a deal that happens to be a bank owned foreclosu...
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I've been listening to Garrett Sutton's audiobook, "Loopholes of Real Estate". In it he discusses primary residence asset protection in the form of "Homestead Exemption" which varies by county. When I research this, t...
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Hello BP! We are excited to say we received news of a deal today! We used the BP calculator to review the numbers. However, we would love some expert advice.This is a buy and hold deal in a good part of town. The sell...
Hi all, first post on BP!
Wondering if I should hold or sell my four-plex(4 1br/1bt units). I purchased the property in January 2020 for 250k intending to rent and hold. I rent three of the units and I am living in o...
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I have a unique breakdown-slightly different to my normal breakdown: Single family homeAsking Price: $238,000Negotiated to $227,000 cash purchase. Tenant already lined up for the investor. Investor happens to be a len...
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Hi All,
I am planning to close the investment property which is 3 family and planning to transfer the Title to LLC after closing for asset protection and tax advantages. I was just told by lender ( bank) i am not ab...
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Our problem tenant is airbnb-ing her unit without permission. We wanted her out due to another issue but have given her a seven day notice to cure that and she did (we are in Iowa). Now she is subletting and lease sta...
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I'm considering setting up a LLC to invest in real estate with friends. I have a few questions around the operating agreement and will very much appreciate your insights.1. What are the conditions/clauses to leave the...
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Is zillow or other online calculator good enough to estimate buying power for next primary sfr ?also still is only 75% of rental income, counts towards income ?any suggestions or formula use to find the buying power b...