Derk Cheetwood
2 mobile home parks deal in Nashville area
I flip in the Nashville area about 20 homes a year currently. In any-case once in a while I come across deals that are new to me. I have the opportunity to purchase 2 mobile home parks and I remember there were some i...
Maggie Thompson
Purchasing 2nd home, apply for heloc or use cash for downpayment
I am a newbie with BP, so apologies in advance for my questions. I've searched around, but need some guidance for my specific situation. Scenario: Looking to buy a primary residence house $360-380K. Rent out a room to...
Dennis M.
BRRRR: Hard money vs wait to save for a cash purchase?
Hi everyone. I've been lurking here for a while, reading and educating myself, and I'm about 1-2 years away from being able to pull the trigger and get started with real estate. I'm looking to get started by investing...
Jay Hinrichs
Tenant not paying I will buy your house ( as heard on radio today
Listening to Bay Area radio this morning there was a spot by a Bay Area wholesaler.. one of his pitch's was tenant not paying no problem we will buy your home anyway.How many of you I wonder would buy a home with a no...
Doug Rich
SD IRA for rehab flips
Do I have this right ?We legally can not work on a property that is financed, even in part, by our own SD IRA...However, If we hire one of the SD IRA companies to custodian our account, they, as a third party, can us...
Buddy Holmes
Call for a simple equation for new Basis in 1031 Exchange?
How to Calculate new Property Basis in 1031 Exchange
Define terms:
Property sold
P1 = Original Purchase price of property exchanged
TDP1 = Total Improved Property = P1 – LV1
LV1 = land value when purchased
TD1 =...
Kathie Riedel
Valuing a 12 unit apartment
I have foreclosed on a property with 3 buildings each with 4 studio units. I have rehabbed and have all units rented. I intend to sell after a few months. How do I determine the value of the property?
Jessica Lamont
What is a good price point to buy fix &flip right now?
We bought our first investment property and looking to purchase more. What is a good price point to look into now that interest rates are high? We bought at $120 and ARV is $220. What’s going fast? Higher price points...
Baron Hicklin
Developing Land For Duplex and Four Plex
HI all,I am not sure if I am posting in the correct area, and if not please let me know. I am interested in doing research on developing land to put a number of duplexes and fourplexes on it. But I don't know where t...
Robert Gunther
Equity Lending
It came as a bit of a shock a few months ago when I contacted a mortgage broker about financing, using equity in a property to secure financing.... it is just not possible with traditional banks in Canada anymore.One ...