Lets assume for a moment you had oohh, about 3 million in cash/recent flip purchases. Lets assume for a moment you talked a small lender who has a portfolio of about 150 homes into selling these to you (a few mo...
Hi all,I am relatively new to flips and wondering how others insure their flip properties during rehab process.Currently I am using "high risk" policies from Loyds of Londons.For the property apprised at $150 K they q...
I have only purchased properties via MLS in the past. I am considering buying my first wholesale investment property purchase. What kind of information about the wholesaler or property do I need to check to ensure I d...
An example to show fraud is alive and well today.
So I've been working on several projects and had a few fall short... I always pray for guidance through each deal and to cause the enemy to stumble whenever t...
Seems like a simple answer, but we have a couple of complications:
1. Lease term ends on December 31.
2. We don't have funding lined up, nor do we have a property under contract- just a plan to purchase one.
3. We c...
Howdy everyone, I've got a rental property I purchased about 4 years ago in a college town. I used a VA guarantee to secure this duplex. I'm also a Texas RE Broker and represented myself as the buyer. At the end of th...
Hello BP Family, Does anyone have experience working with Lake Group Media? I'm looking to connect with some accredited investors on a multifamily opportunity I've come across and (supposedly) Lake Group Media has the...
Just sold my house that I owned for 3 years. Put $25k improvements in it, and cashed out with $125k thanks to the market leap.
Now planning on buying a 4-plex that lends me cash flow of appx. $800/mnth and a CoC re...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $335,000
Cash invested: $247,000
Our 1st and only rental is a 3 bedroom house near a hospital
What made yo...
I have been reading up on not having to pay tax on gains from a investment property if you use those gains to buy more property.
Is that still true if you take the gains and put them into paying down your primary h...