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What is the status of virtual real estate sales post acute-COvID?Is it not a common practice still?How does a buyer obtain boot-on-the ground support?What is a good amount for earnest funds?
Can you 1031 exchange a property owned by your LLC into two properties you own personally. example belowSteve & Matt are partners on a 4plex. They change title of there 4plex to their LLCThan they 1031 exchange th...
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Some friends and long-time roommates of mine have decided that we want to buy property in SF, and eventually decided on multifamily as it looks like we'll get the most sqft/$ that way, as well as individual units.
Ou...
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I have a rental I'm planning to sell in a few months and I'm thinking of doing a 1031 exchange. Couple of questions.1) The purchase price was $165k and I had a $132k loan, approx $126k left on the loan. Recent comps a...
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Dear BP community,
This is my first post and I am looking forward to develop my skills together with/through you!
QUESTION:
I have approached some Realtors just to see if seller financing is comm...
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My credit union came back to me saying they don't allow HELOCs to be done under a business. My question is. Do most lenders or credit unions say this? And, for those who allow HELOC under a business what information/d...
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We are in negotiations on a 16 unit. Purchase price will be somewhere around $600K. We primarily wholesale and should end up somewhere around $400K this year of income from our wholesaling business. We met with our ac...
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Hi guys, I’m not there yet but would like to hear some advise about home inspection before a real estate purchase. Should I use the home inspector my agent suggested or should I bring in someone independently? Any sug...
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I am finishing up renovations on a recent HUD purchase that will be a rental property. Upon entering the attic space, I found almost 250 recycled 3 liter pop bottles filled with water. They were lined up neatly in r...
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Have you had experience with converting multi family (triplex or fourplex) in San Fransisco into Tenant In Common and sell each unit individually? Did you make money? Thanks for sharing.