Hi everyone my name is V, and I live in NY. I work in I.T. full time and plan on investing in my first flip. My plan is to start small and simple (single family) and try to do it right / learn.
Why would an I...
Hello, so I have been searching for a 2-4 unit to house hack using an FHA loan. I found a triplex that I think would be perfect for me. I called my lender to get an updated pre-approval to send with my offer, and he t...
Hi all,First time posting here and looking for some help. I'm looking at a deal for a 2 unit. One of the units is a Section 8 voucher apartment, but the rent is $675 vs the FMR rate for the area of over $1k.Are there ...
We have been contacted by a priest who is working with a family that is in desperate need of a place to live. If we give them a huge reduction in rent from the amount we would charge, is that tax deductible as a chari...
I am looking at 2 different SFHs that I like. I can only buy one right now. I cant come to a decision. Any opinions would be good.
1st one
fannie mae home, I could have right now for $53,500
Could rent as is f...
In 2010, I purchased my single family residence and thought I was there to stay. In February 2012, I was relocated out of state. Due the still poor real estate market I elected to rent my home. I want to sell t...
Hey guys! I recently came across what I believe to be a remarkable deal. I would really love for fellow and more seasoned real estate investor(s) to help me decide whether or not to move forward with this deal. It wil...
Good morning from Emporia, Kansas. I have recently received information from a close relative on what it seems to be an incredible off market deal. Jenks Deal: (3bd 2bt, 1,948 sqft, yr built 1974) The couple that own...
Hello BP-ers!Hope everyone is having a good Thanksgiving week so far! One issue I am having as I begin to analyze properties is centering in on a rental unit price for anaylsis purposes (one that makes sense - fair ma...
Having a difficult time understanding the in's and out's of SELLING a property to a son/daughter. If I hold a property in an LLC (sole proprietor) can it be sold to an LLC that my son is the sole proprietor of? Fair...