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Results (10000)
Jake McVey Romeoville IL Flip
13 September 2024 | 4 replies

Investment Info:

Townhouse fix & flip investment in Romeoville.

Purchase price: $160,000

Cash invested: $230,000

Sale price: $275,000

A full rehab in Romeoville. New flooring, kitchen, bathr...

Danny Smith Proof of funds for hard money
10 August 2021 | 6 replies

Hello BP I'm looking to purchase my first brrrr in Delco, Pa and I'm looking to go the hard money route. (I don't qualify for regular loan)I saved up 50k (the amount recommended to me buy lenders) but I only have 16k ...

Carey Green Analyzing apt complex - how 2 acct for depreciation expnese
19 June 2017 | 22 replies

I'm looking at the P&L for an apartment complex I'm considering as an opportunity to bring private money investors into - however, this is my first time doing a deal this size and I'm curious what I should do in m...

Arthur Banks Joint Venture
29 September 2015 | 31 replies

I'm looking to present a deal(s) to my parents. Being as they are my parents they would more than likely simply loan (no interest)/give me the money, but I want to approach it from a business standpoint A) to show ...

Elvis T Santana Capital Gains after property split?
11 May 2019 | 3 replies

Hello BP Community!I purchased a property for $220k 6 years ago in Fall River, MA. Two houses on one lot/deed/title - a 3-family and a single family. It was mortgaged as commercial since I was not a MA resident at the...

23 January, 2024
Seeing Greene: DON’T Pay Off Your HELOC Until You Hear This...

Got a HELOC? Don’t pay it off…yet! Thinking of house hacking but are discouraged by the low cash flow numbers you’re getting back? Looking to invest in a high property tax state like Texas but are scared to swallow th...

Ray Slack 1031 required Total price of replacement properties
8 March 2021 | 3 replies

I'm selling a rental property for $550k and holding $130k in seller financing for 1 year with a balloon payment next year. I bought the property for $80k.   My questions are these:
1. Would I need to buy replacement ...

Mark Plesha 1031 exchange from duplex to income producing personal residence
26 June 2019 | 2 replies

A family member recently passed away and they owned a home on 30 acres with a pole barn. My wife and I are interested in potentially buying the property and we currently own a duplex that we are thinking about selling...

Account Closed Buying and Selling on Terms in Columbus Ohio
14 January 2019 | 6 replies

Hi everyone, what's your thoughts/opinions concerning buying and selling on terms in the Columbus, Ohio area?  Thanks for your time, Matt

Patrick Gerrity 1031 exchange with an inherited IRA?
26 November 2019 | 23 replies

I have money in an inherited IRA account, that I am pulling out to purchase an investment property. Does this type of purchase meet the requirements of a 1031 exchange? This purchase will significantly raise my tax li...