Yea, you can make money from the cash flow. But, what if you have to pay off the property in 3 years? How will you sell it if it has no equity?
Hi - looking to connect with those who have bought a rehab type property with the intention to place a tenant and sell as a turnkey rental to other investors. Specifically have the following questions:
1. How do yo...
Hi - looking to connect with those who have bought a rehab type property with the intention to place a tenant and sell as a turnkey rental to other investors. Specifically have the following questions: 1. How do you ...
I know that typically this is under the market section, but it is fairly specific to sub/non-performing notes so wanted to ask here.Anyone have a good recommendation for a CPA that knows how to handle a note purchase,...
Deal or no deal? I have a someone looking to sell a manufactured home they own free and clear. They are looking to sell for $30,000, the house is full updated and needs maybe $1000 in cosmetic repairs. Its hard to nai...
Hello,My sister and I were recently added to a deed on a home via the quickclaim deed process, but we are not currently on the mortgage. Can this property still be considered an investment property? We are weighing wh...
Looking for a local CPA that has a good understanding of rentals and Solo 401Ks. Any recommendations?
I was listening to the BP real estate podcast last week (I think) and one of the sponsors was a company that helps you buy short term rentals in hot markets like Destin, FL (that's the one my wife is interested in). ...
I have a question about private lending? Say I come across a property for 150,000. I only have enough money for 10% down, $15,000. At the same time, I have a good friend who could loan me other 10% for the down. Doing...
Hi BP - I've been searching for my first rental property. I'm starting with single families for my first deal, with the intent to graduate to multi-families at some point. I've come across a property that I think ma...