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Hello,I am planning to selling my investment property in NYC cost $721,000est. selling price $1,000,000mortgage left $350,000accumulated depreciation $100,000And buy an investment property with a value$400,000The rema...
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Has anyone ever used part of their homes equity for the 10-20% deposit that's needed on a hard money loan to get started flipping? I was thinking about using some of my homes equity for the deposit and running costs i...
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I'm hoping one of you can offer some advice on a subdivision deal I'm working on. I'm purchasing an existing home on a large, sub-dividable lot with plans to sell off the extra lot and keep the house on the existing ...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $139,500
Cash invested: $17,000
Purchased off market ($139,500), repaired and renovated entire house ($37,641), lea...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $649,900
Cash invested: $136,000
This is my first residence, the basement is a full unit that we are planning on re...
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Let's say that there is a tract of land you would like to own, but it has far more acreage than you need.
Would it be possible to structure the deal to sellers finance 2/3 of the land, and bank finance the remaining...
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I need to evict a tenant and this tenant is paying the first part of the rent through zelle, and the second part of the rent by a check (because she has a limit on zelle.)
Her zelle pmt for the month of February w...
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Hey BP community,Hoping you can give some insight here. Might be a dumb question, but why do some houses go for sale after someone else started renovations on it? Pics reflect some redmodeling work with equipment in t...
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Hi! Could someone please clarify the following: Assuming we purchased a property for 75k cash 5 years ago, sold it for 300k in 2022, reinvested 200k in a 1031 exchange, and were left with 100k boot....1. Can we deduct...
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Question Bp'ers. I have a Duplex that rents for $580 up and $580 Down(bought it for 17.5K) Anyway. the lower(inherited tenant) has been late on her rent for the past two months. She's caught up but has still not pa...