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last year i inherited a home, 4 on 1 1500sq apx 400k value, never mortgaged, no liens, and taxes $500 yr. But needs a good amount of work. My idea is to hack house into 4 private ensuites with kitchenettes(tiny homes ...
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We sold our house. We now have 400k to use to build new house that will cost approx 600k. With low rates should we get a loan for 80% and invest the difference or use the 400k to pay building costs?
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Hey guys. I was thinking about buying a 6 unit multi-family house. 5 are 2bedroom/1bathroom and 1 are 3 bedroom. The owner pays for cable, lawn service, sewer service, trash, and water. The unit is $70,000. The tenant...
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Hi BP, I would like to thank you guys for everything before anything. I finally put out signs and been talking to sellers but I'd like to further my education now that I'm ready. Would someone please explain to me the...
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Can Only a PART of paid OPTION Consideration Funds be NON Taxable ?In the process of BUYING a PURE Option to buy a SFH subject to an existing loan (at a lower fixed long term interest rate)Let say the OPTION "Strike ...
I recently have jumped into Bigger Pockets, as I want to get into Passive Real Estate (as passive as possible). Wholesaling and flipping isn't passive, and I don't have enough funds set aside for SFR investing. I have...
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I own 2 single family rentals, one is Zillowed at 156K with a 118K mortgage at 3.41% 12 years remaining.The other Zillows @ 141K with an 86K mortgage, same rate and term.I'm 61 and planning on retiring in 5 years with...
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Hello,
I am new to real estate and I’m looking to purchase a hotel. I have found a couple of properties that have a lot of potential and have a lot of value add potential. I am just trying to figure out how I can fun...
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I am finding a lot of conflicting information online and was hoping for some advice. I am looking at a duplex that I want to purchase using a FHA loan and my mother as a cosigner. I was told that since it is a multifa...
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I live in a HCOL area (Boston) and am aiming to get started on a house hack next year. My situation is perhaps a little unusual in that I have a relatively new big tech job where about 50-60% of my compensation is com...