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So we found what could have been our first deal. Everything checked out and we were ready to move forward. After talking to multiple lenders we quickly discovered that conventional lenders are not set up to deal with ...
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So I have a situation I don't know how to handle or who to speak to about it, but since it has to do with real estate, I thought BP would be a good place to start!
Here's the situation:
My sister-in-law...
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Let's say you have a shopping center that is fully depreciated. You then build a dollar store on an out parcel and hold it for a year. In order to save in taxes can you sell both properties as a package deal but alloc...
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Hello, I'm new to BP my name is Paul. I'm in the process of purchasing a home that was on the market for $164,900. I offered $140,000 and they accepted the offer. I just received the appraisal back from the bank an...
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Hi Folks!Here in Houston and I work with investors on their fix and flip projects and was curious how many of you flipping houses hire an interior designer or architect to help ensure the best possible layout, kitchen...
Hi. First post here. Here is my scenario; I own two lots of land. I want to put an offer in on a 3 unit apartment building. My question is; if I buy this apartment building and then 2-3 months down the line sell the l...
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I read a lot about houses appraising correctly after rehabs. If you purchase a property much lower than the market is averaging how do you ensure it will appraise with the rest of the market after rehab. I'm referri...
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I've read through a number of posts already about the best business entities for investing and they obviously differ greatly depending on what type you do. I don't have much cash or credit and will be focusing on most...
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Thank you everyone who is taking the time to read this post. My wife and I own several duplexes, but have an opportunity to buy a townhouse below market value. The issue is this townhouse has higher fees than we would...
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*This link comes directly from our calculators, based on information input by the member who posted.This is my second posting on this property. I have since gone back and checked into ref...