Hi all, my friend is purchasing a fourplex all cash and adding me to the purchase as an additional buyer (I'll be doing the renovations and we split revenue and equity 50/50). If I don't contribute financially at all ...
so I have a buyer for my house at 58,5000. They want a seller concession but not sure what that changes for me?Buyers agent sent me a message ( thru my agent) which says"buyers will roll maximum 6 percent into loan fo...
Howdy!What repercussions do I need to be aware of if I receive an offer on my owner-occupied quad before my year is up?
I'm in the final stages of a Flip project in Chicago (~3 weeks to completion) and the Property Taxes are due on March 1st. I'm close to maxed out on the rehab budget, and the $1900 for the 1st Instalment of Property T...
Earlier this year my wife's uncle unexpectedly passed away. Her remaining Aunts and Uncle were handling the estate. They were much older than the deceased Uncle and were struggling with having to be at the house for...
Hey everybody,
My wife and I are first-time homeowners in State College, PA, and she's starting to warm up to the idea of house hacking. We just bought a Cape Cod style home in Pine Grove Mills, PA (~10 minutes from ...
So after reading BP for quite a while and studying up on the various ways I could start investing, I finally took the plunge with my Roth IRA. Here’s how I got my start and how it’s elevating me to the next level and...
Does a rental property have to be in an LLC to qualify as a depreciating asset?
1. Can you list a house as a 3 bedroom 1.5 bath if the construction was unpermitted?
Tax records shows 2/1 on the MLS
2. If the agent list the house as extra room was done with permits. But later found out that it wa...
Hey BP community. I am 17 years old and have been wanting to get into real estate for about a year now. I have been constantly reading books and listening to all kinds of podcasts about REI. I know i can’t sign any le...