I had a situation approximately 5 years ago where I missed 3 mortgage payments on a property (15 units, a first and a second mortgage, same lender). I had told the lender 3 months in advance of the missed payments of ...
So there's have a 3br/2br house in Atlanta that was purchased in 2006 and financed with an 10 yr Interest Only which flips to a 20 year conventional in 2016. The house has been rented on and off with varying degrees o...
Hey everyone, this is my first post to the bigger pockets forum. I live in a small real estate market in Idaho. It appears to me that in my little town the best deals are through the foreclosure auction. I have found ...
I’m a new investor and My offer got accepted on a duplex listed at 55k with 60 days on market... I offered 38k. It hasn’t been occupied for over four years and is in need of $50,000 of improvements or rehab. Rents in...
A Brief Introduction
I’m sure many of you can appreciate the blissful feeling of completing a deal. There is an unrivaled joy you feel from receiving the first rent check or when the funds from a flip/refinance final...
Hi guys,My 1031 exchange may fall aprat.I am trying to figure out how much would I pay in taxes on a property that I sold?I sold it back in May for 120K, I bought it for 25K back in 2009I am in a 30% tax bracketAm I c...
Hello fellow BP friends,I'm awaiting to receive a work back pay of approximately $10,000.00 (CAD) in the near future. I'm just seeking out some recommendations on how and where to best park the money to get the Maxim...
Investment Info: New Construction Single-family residence
Purchase price: $499,950
Cash invested: $675,000
Sale price: $1,692,500
What made you interested in investing in this type o...
Do you mind giving me your thoughts? Last year I bought a Single Family Unit for $96,000 and after spending approximately $14,000 in rehab cost. I then rented the property for one year and sold it for $162,500. I a...
I have an opportunity to view a potentially offer on a cute 3/2 house in the most desirable community in my area for a house for myself. I anticipate the purchase price would be about $260,000. If I move out of my ex...