My assumption is that the best thing is to "simulate" potential risks as well in a sample deal. At the same time am I correct that due diligence and good underwriting can curb much of this in a real scenario? How can ...
Hi all,Just wanted to post a quick re-cap of the options that were laid out for me during my recent phone call with Flagstar Loans. Put my duplex into forbearance at start of COVID and as I am gearing up to move out o...
Hello BiggerPockets Community,
I am in a little bit of a situation and looking for help. My wife and I have been flipping homes for the last three years, we have flipped 30 houses with all of them being profitable. M...
Hello all!Looking at a SFH that has a pretty ugly kitchen to me. Looks like the owner at some point tried to either venetian plaster or stucco of some sort their interior walls to the kitchen and bathroom. See images....
Hello Bigger Pockets Community!My name is Kayla, I'm new to Bigger Pockets and Real Estate and am looking for guidance on financing my first home. The situation is, I signed for a new build home in January with W2 inc...
Hi BP Forum!
Can I sell a % of my house so that I can keep it? And if so, HOW? Also, will cap gains tax exemption be affected if i do?
FACTS:
Purchased house in 2015 for $405K (FHA Loan, 4% down, + PMI).
I w...
Hello everyone, My name is Josh Clough, I started a small Real Estate Services Company during Covid when I got laid off from my Job. I have done a few Wholesale deals, a flip but have met with limited success to date...
Here are some before and after pictures of my current project.. Interior is basically done and I still need to paint and do some minor exterior work. Will also replace the windows and do some landscaping.. Got a steal...
Hi everybody,
My name is Nick, I am recently impacted by the mass tech laid-off. I am in my early 30s and I own 2 properties in Seattle and 1 in California (a townhome, an apartment, and a single-family in CA). I hav...
I have been living in my current home since 2021, I have thought about potentially buying a second home and rent out my current one where I am living, what's sort of stopping me is the fact that interest rates are rea...