Closed on it today, it's a 2 bed 1 bath in Portsmouth, VA. Purchased it for $30,000, after closing costs it was $31,650.15. Planning on placing a tenant buyer in there for $975 a month. Taxes and insurance will set me...
Hello BP,I think this topic would be fun to discuss. If you guys we paid 300k to quit your day job and invest what would you do? Leverage it? Flip? Flip Apartments? BRRR? ouse hack? and why?
It seems that the idea of a self directed IRA is a buzz word in the BP community. If you use a self directed IRA, would you be willing to share what advantages made you choose that investment vehicle? I understand t...
Could anyone tell me if a Delaware Statutory Trust is better than a 506B when setting up a real estate syndication? Pros/cons to either?Thanks a bunch!
Happy Friday BP Nation!I am still very new to the world of real estate investing but I think I’m going to go down the path of buying, holding and renting. Now I talk with my fiance about this and she immediately bring...
We are in FL. Without knowledge purchased a HOA foreclosue with a 1st lien. The 1st lien is in pre-foreclosure. The homeowner's were in the process of negoiating a loan mod so the foreclosue is on hold. I dont thi...
Alright. As the title says I am in need of financial advice. I am 28. I have been working a job I hate for two years, and have managed to save close to 10k. At the beginning of the year I inherited a little over 15...
I have a rental property I purchased cash using my credit cards. I purchased it for 18k rehabbed it and now it appraised about 35k. The interest rates went up and I really don't want to sell for 35k I'll break even on...