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Good morning BP!I am looking to dive into some tax lien sales here in Florida. Only problem is I have not the slightest idea where to start of how the process works. Anyone know much about these and wouldlike to share...
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If I have equity in my home and get a HELOC, would I have to use the equity to purchase one investment property outright? I would like to be able to cover several down payments using the HELOC and then get conventiona...
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Hey everyone. Yesterday I got a lead which could be very profitable. Time is of the essence. First, I will give a little background, and then the question. The full situation will be posted by me on another thread...
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I am looking to possibly do my first BRRR on a duplex this spring. It is two units of 2BR, 1BA with unfinished basements that will include 2 br, laundry room/storage and living room. So in the end 4BR, 2ba in each uni...
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If I buy and sell houses(flip) as a full time job, do I pay capital gains taxes? I read somewhere if it can be proven as a full time commitment and its the only source of income I make, the capital gains taxes are inc...
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Hello BP Community,
My name is Eugene and I live in Los Angeles for the last 24 years, immigrated from Ukraine. After purchasing a complete fixer-upper house in LA and completing a full blown remodel/renovation of t...
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I bought a new house in Durham for me and it will be ready in October. I’ve lived in my current home (Raleigh) since 2018 and I’m hoping to keep it, but have several questions. My mortgage is $1400 and the house shoul...
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I have negotiated a short-sale for a 2/1 condo within walking distance to downtown Orlando, FL. The market value is $125-135k and I have contracted to buy the property for $85k. My exit strategy WAS something like t...
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Hi BP! I called several hard money lenders a few months ago and they all said they would lend 80% LTV but that their LTV is based on purchase price. Listening to BP podcasts and reading Brandon Turner’s book on invest...
Progress Residential appears to be is a hedge fund buying SFR's in Vegas. We are seeing more and more rentals being listed by them. They apparently have 300 homes sitting vacant just waiting to be turned into rentals....