I am meeting with a motivated seller tomorrow evening who has missed "one or two mortgage payments" but is not yet technically in foreclosure. He owes 30K on the note and wants me to purchase the home from him for so...
I currently have an FHA OO loan on a duplex. My equity position is 4% of the original appraised value. I have forced some equity into the home, but not enough to be at a 20% equity position.
Additionally, I have not ...
This guy's article states that depreciation recapture exclusion is not possible with the opportunity zone 10-year-hold:https://www.therealestatecpa.com/blog/real-estate-...Yet these other articles are stating that cap...
Hello just looking for advice on purchasing my first Sfh rental investment property with regards to setting up an LLC or getting an umbrella policy and making sure the property is maintained. Seems llc triggers a comm...
Is it possible to go under contract and then find someone that will pay all rehab cost and only ask for principle and interest back ( at a reasonable % ) without having to use any cash or credit ?
Hi Fellow BPites,I recently ran into some bad luck and had two major plumbing repairs on two properties. Expenses were $2.5K and $5.5K (& counting) respectively. In both cases I had sewage backup into the home. Th...
Hi,
I am looking to find a multifamily complex, about 25-75 units or so. Class C+/B-. As I am looking at where to invest, I have been trying to understand real estate cycles and am struggling somewhat. Pe...
How can one be positive when joining a crowdfunding group that that group is registered or otherwise exempt if this is a new group starting out? I have tried contacting but the answer I get is that they are just ra...
If I wanted to buy on a land contract and then sublease the property out to a tenant could it work in the state of Michigan?
I have an opportunity to buy 5 duplexes for 500K (5@100K each). I plan to 1031X two of my current properties (225K total) to make the purchase. I have talked to several lenders and am not sure the best route to take f...