Inna Pakhalyuk
Bought Investment Property For Cash With Intentions to Get HELOC
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $200,000
Cash invested: $200,000
Bought a twin house that was converted into a duplex.
Monthly income from ...
Kelly Nicholas
Do investors ever buy at auction with intent to sell?
Hi! I am not an investor (or in the real estate market) but I have found an auction property in Pittsburgh that I’m very interested in for my primary residence. I’m not comfortable buying it at the auction but trying ...
George Eliot
Is a CL ad sufficient to prove intent to rent?
Hi everyone,
I own a house that I plan on renting after I make some major repairs. Is a CL ad sufficient proof of intent for the IRS, or should I run a print ad before starting repairs?
Thank you!
Sterling S.
First Home, Bought with intent to HELOC for more multifamily
Investment Info:
Single-family residence buy & hold investment in Franklin.
Purchase price: $20,000
Cash invested: $25,000
Heloc... 45k investment on our first home. ARV is $110K-$120K should rep...
Lindsey B.
Loan Q:Buying a fully occupied duplex w/ intention of occupying
I am looking to buy a duplex and live in one side. Many of the duplexes that come up for sale at are fully occupied. I am wondering if I would be able to secure a conventional/govt loan (if one of the leases were up i...
Aaron Ulrich
Moving to a new city with intention to house hack
Hello, thank you to anyone that can lend some advice! My current situation is my wife has just accepted a new position which will require our family to relocate from Los Angeles to the Detroit area. We plan to rent ...
Mindy Jensen
The Intention Journal is Back... Get it while you can!
Limited edition... Be one of 2,000 to get a copy of the journal!We ran out of this limited edition journal in January, but it's now available for purchase at the BiggerPockets Bookstore. Grab your journal (and join yo...
Mariel DeVito
Rent to Own Lease Option with no intent to occupy
Hi everyone - I was able to secure a seller financed deal. Because I'm waiting for funds from another deal, there is a bit of a delay in closing but the seller (another investor) is open to allowing me to do some reh...
Edwin Ortiz
Notification to tenants of intent to sell with a twist
Back story is: lease expired and sent tenants in advance intent to raise rent (was barely breaking) they decided to extend only 6 months at current rate. since then, i just got a job offer to move to Atlanta. I decid...
Juel McGhee
Lease Purchase with Option to Buy Commercial - Letter of Intent
I need assistance with the terms of this LOI. The owner has a building that my client will have to bring up to par for their use. The will have to spend 160k in order to operate. For that reason, they only want to ...