Hello! I am a new Bigger Pockets member and have spent days combing through the site /reading everything I can! :) I live in the fastest shrinking city in the Midwest so most of my focus right now is narrowing down...
Hi BP!
My fiancé and I are in Albany, NY and made an offer to buy a house and have now found out that it has Aluminum Wiring. Property is currently under contract.
Would this make you run, or would you go ahead (af...
Hey, how do you guys calculate property taxes for a multifamily purchase in the most accurate way that will be reflected after the purchase for accurate rental analysis (prediction) ? In simple words you see a prosp...
I have an investment property under contract at 130k with a 4k seller credit to property manager at close. Appraisal landed at 145k. I would love to up my borrowed amount and get a credit for it somehow. My proposal t...
As we expand into NY, we are having to learn about this BS mortgage tax. We do not have this in CT nor NJ, only NY (yes, I am aware a few other States have a mort. tax). It's partly the reason why we've been using our...
If I sell an apt building I bought using a FHA loan, can I use the original investment and capital gains (I believe it would be tax free for the first $500K since I'm married) to buy a primary residence (1031 exchange...
when it comes down to a reverse mortgage property how can you wholesale the property?
Hi Everyone about to start my investing journey and here's where I stand: Bought a single family home for 189000 in 2016. (179500 @ 3.75%) - Worst house in a great Raleigh neighborhood. Currently appraised at 325 to 3...
Hi everyone! I am very interested in getting into the world of commercial real estate where the loan you can get is not dependent on your income, and you can seriously increase the value of the property via NOI, simpl...