Hi BP! I have been working with a RE agent for the last 6 months trying to put an off market-deal that I found together. We got to the point of contracts being agreed to and we signed, but just before seller signed ...
Good afternoon everyone,
I am looking for some general advice regarding structuring a deal that my brother-in-law and I are working on. This is our first deal, and we'll be purchasing the property below market value...
We acquired a 40+ unit building earlier this year and have since then gone through 2 different management companies. We've also had to update leases to reflect changes in utilities / internet+cable. Obviously this has...
I am set to close on an investment on July 29th. A few months back my in-laws gave us a check for 20K. I want to use roughly 15K of this to be put toward the 25% down. I didn't realize until yesterday when they tol...
Hello Folks,
I wanted to seek advise from the savvy investors here at Biggerpockets.
My father, who lives overseas, has 100k in US dollars that he would like to give me as a gift for me to invest in Real Estate. M...
Hi there, I'm Robert Cook from Worcester MA and new to the game. I'm 22 years old and work as an IT Technician. I've wanted to become a Real Estate investor for as long as I can remember, and plan to purchase my first...
Hello BP! I am a real estate investor looking at a new opportunity and is looking for some advice..The Deal: My mother has a rental home that has sat vacant for most of the last 10 years. The home is paid for but need...
Hi Everyone, if a property gets gifted to me (tax consequences aside) from my parents and the title transfers to me, do I need to have it “season” or wait a certain amount of time before I can get a HELOC on the prope...
In laws are getting older not interested in owning anymore, on fixed income and would rather give us the tax benefits so they offered us the property. They will be our renters with appox. 60k in equity. What is my nex...
I searched the forums & found many situations involving private money, but couldn't find any like this. How is private money classified/structured if there is nothing being asked for in return - no returns or int...