Hello everyone, I wanted to explain my situation here on the forum to see what advice I could get on options of where to park my extra cash. I currently own a SF home that I love but realize its a liability to my ...
So, after discovering the BRRRR method it all made sense to me that it's just a flip but instead of selling for instant profit you'll refi the property and hold it for long term gains. Great sounds like a deal, howeve...
Hello. My name is Orn.
I'm having some difficulty making the decision and want to see what other options I have that I might miss.
Part 1 - the background story
I own a 2 bed 1 bath condo in Chicago since July 2016...
Hello BP,Do any of you work with lenders on a cost + basis? If so, when the bank puts their version of the buyer/GC agreement in front of you, do they make it a fixed-price contact? If so, how do you handle?I'm findi...
Hi guys,I have a good credit and have few properties (couple are in my name and few are in LLC's names)I have always wanted to open my own business but scared that if my business goes south it will prevent my ability ...
It seems that the idea of a self directed IRA is a buzz word in the BP community. If you use a self directed IRA, would you be willing to share what advantages made you choose that investment vehicle? I understand t...
Hi All
I'm TJ, I'm a broker in NY and NJ as well as an instructor. I have several years in sales, management and training but I have never invested.
I recently came into a significant amount of money or so it is f...
After owning my primary residence for 5 years in northern Virginia, my wife and I are considering relocating. We are considering renting our house or selling it. However, if we were to rent it, we may lose around $300...
Hello everyone, I was presented a couple of opportunities to invest as a private money lender. It's either new construction or fix&flip. The thing is, both put me as 2nd lien in the note. I heard that 2nd tend to ...
Hello Fellow BP members,We are closing on our first investment property on Feb 28th, 2023 and would like any advice from others who've successfully executed a 1031. Our numbers:Purchased duplex in 8/2020 for $120K wi...