Hi All,My initial investment strategy was to house hack in my area but multi-family units are very rare to come by. When they are up for sale, it's usually in an area that's less desirable than where I'm looking to in...
I have flip-flopped again on the best exit strategy. I'm back to thinking a cash-out refi might be best? It would allow us to both recoup our initial investment and hold on to the property, granted the monthly cash...
Hi everyone,
I am wondering how others evaluate deals when they buy distressed properties with cash, rehab, then refinance afterwards with the new ARV appraisal. Not factoring in holding costs and everything.
Quick/...
Hello,
I'm about to move on from the military after 20 years and got the REI bug a couple years ago. I've educated myself about as much as I could during these past years and have evaluated hundreds of properties in ...
Good Afternoon BP,I have a potential deal coming up to purchase a buy and hold duplex directly next door to my current rental property. I will live in one unit and rent the other. I don't have the down payment money ...
Hello everyone this is my first my post, I have been working the area of NE Pennsylvania and have found that appreciation is tough here. My initial focus was BRRR and initially I did not have a plan for seeking off ma...
I am new to 1031 exchanges. Are the proceeds that are required to be held in a trust after the property is sold equal the sale price less the existing mortgage balance? Or is only capital gain required to be held i...
Sparing some details here - I've completed a few flip projects using my contractor. Looking to partner up on the next project to see how it'll go. I'm the capital guy and accountant, he's the construction arm- we both...
There are multiple ways to come up with a cap rate, so be sure to always ask how it was calculated.
Most cap rates are calculated by taking the net operating income and dividing it by the market value. Cue the examp...
Hi All, Just looking for some advice and recommendations for an excellent CPA. I purchased my first fix & flip in March this year in Charlotte, NC. Purchased all cash from a wholesaler. After reading various sourc...