Where I'm at today:
A) getting 1.2m cash-out of my 8 family in Brooklyn, at 5.75/ 30 year adjustable with $60k in closing costs (NYC Mtge tax is 2.8% so that's 33,400 right there). ** How's that sound? Are there be...
Hello all,My great uncle approached me a few days ago about managing his rental properties and I’m not really sure if I want to get involved. He’s approaching his 83rd birthday and can’t take care of them at this poin...
I'm looking into a couple large apartment complexes in Brownsville and just sent out an Loi for one of them. This is for a long term hold for at least the next 10 years. There is an 18billion dollar gas plant that is ...
Hello Biggerpockets audienceI recently been reading a good amount of posts of Biggerpockets members sharing horror stories when investing long distance. There is also likely 10 horror stories that is not shared for ev...
I found a perfect property - for personal residence that I would really like to own. Need some good advice.List price is $575K and three recent sales of the exact same townhouse are in the $515 to $532K range, selling...
I was wondering if there was a CPA out there that could clarify on the new tax bill that was recently passed. Is there any exclusions that have been added to the capital gains portion for personal residence. My perso...
Hello,First I want to apologize. English is not my first language.I purchased a retail building with a single tenant about a year ago. The lease states every year it adjust to the Bay Area CPI San Francisco/San Jose/ ...
Hi, all. I am just getting started as a REI and could use some advice.
I got into contact with another local investor/flipper who also wholesales occasionally. He offered a property wholesale, with this dea...
Hello all. Here is my situation:I bought a house with my VA loan in 2013. The maximum allowed in Maryland was 417K and I used $410K. The home is now estimated on Zillow at $470K so I have a small amount of equity buil...
I’m very new and I just have a quick question and thought I’d come here. Ok so I have a hard money lender that charges $3500 or 3.5% (which ever is greater) origination fee. Say I find an off market rental for $40,000...