http://www.bloomberg.com/news/2012-03-13/private-equity-buying-u-s-foreclosures-for-hot-rentals-net-8-mortgages.html
John (REI) and I have been having a bit of a tangent in getting licensed pointing out some state oddities. John thought that we were going far enough into the weeds there that I should creat a new post.
If you know ...
Hi BP Community,I recently purchased what I thought would be a vacation home for us in San Diego, but instead deciding to convert it to a rental. I’m from Texas and somewhat unaware of the nuances of being a landlord ...
Hi BP, I am still trying to acquire my 1st buy and hold. I found a quadplex (4 units at 2 bedroom/ 1 bath each) that is in a C+ neighborhood. Here are the numbers. What do you think? Purchase price: $69,000$17,000 o...
Most everyone has had this thought, “Why should I buy this deal when it has been on the MLS?” Investors will on occasion scoff at the idea of an income opportunity that was listed—the term on-market has become a pejor...
Hey BP Family, Me & my partners are close to purchasing our first small multi-family property in Newark, NJ. We have a HML lined up but you know they say the more the merrier. Also we are looking for good, trus...
Hello BP family. I have two questions as I embark upon my first 1031 exchange and I need your help. Here are my three questions...
1. Can I do a 1031 exchange to close on a property that I currently have under a sell...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $117,000
Cash invested: $23,400
This home was purchased as an investment property while living in Colorado. We did...
BLUF- I owe $119k on my first property and the value of the home is $178k. Currently, I have a reliable tenant in the house for almost 2 years. I am now interested in purchasing a second home but I don’t really know ...
I have found that appraisers often provide two different values: one for refinancing, which tends to be the minimum necessary, and one for purchasing, which is typically tied to the sales price. When conducting a refi...