Kevin Hill
This is Not the Real Estate Environment for Rookie Investors
I don't want to announce the sky is falling and be a Debbie Downer, but in my opinion, now is NOT the time to be investing in real estate for rookie investors, especially flips. I keep seeing a lot of posts from newbi...
John D.
Prevailing rate: CA investment property, cash-out refi
I am looking to do a cash-out refi on a SFR investment property in Nevada City CA. Loan amount is $172k (80% LTV). My credit is 700. Plenty of income very little debt. I have <5 real estate loans. What's ...
Jennifer Nesovic
Does Gift Tax Apply or Does Lifetime Exclusion Prevail ?
Hey Guys -
Does anyone have any comprehensive Information regarding gift tax ?
For example: if a parent wants to gift the post capital gains proceeds from a family cabin to 2 children ...Short of death, does the g...
James Anderson
Presale Condo vs Resale townhome- different area same price
Here is my situation- I am pulling equity from my home just outside of Vancouver BC for a downpayment on either a presale condo or a resale townhome.
The Condo is located in Port Moody and will be a 1 bedroom for 53...
Sharika L.
Pre-Sale a Rehab inorder to customize to buyer
All, We have our first fix and flip under contract. A local and respectable contractor came to place a bid and really wanted to speak with us on how to go about rehabbing the house. Coincidently my main concern is ov...
Serges Lemo
Need some advice on presale inspection for a duplex
Hello there, I'm interested in a property in San Antonio and looking to have it inspected. What is the typical price range for this service? This is a 3000Sqft duplex.If you are in the area and know an inspector, I'm ...
Mike V.
How To Handle: Realtor Gave Incorrect HOA Amount Presale
Hi everyone,I need some advice. I'm in escrow on a property in Hawaii. The property will be a vacation rental in a major tourist area and has two HOA associations. For simplicity, lets say one is $1200 a month and ...
Kurt Charles
RE wholesaling in Florida is highly illegal?
Hello all. After many hours/weeks of research and communication with members on BP, I decided to go ahead and get my RE license for different reasons that will aid my personal goals in RE investing. I was considering ...
Mary Mayo
Buying pre sale condo using line of credit for downpayment
Has anyone here experience Getting downpayment from a line of credit for a presale condo in very good location, using 20% from line of credit? Is it okay to do this?
John Clark
What's the best way to get a pre-sale contract?
My builder/partner and I are buying multiple lots to develop on too sell/rent on our own once they are built. One parcel needs to be split into two lots. In order to close on time, the bank suggested one person buy ...