Hey everyone. I have a tax question for you. I bought a property in 2013 for 375k. I might have to sell now instead of my original plan to do a 1031 exchange. It was appraised for 405k. I owe about 305k still. Ass...

Hello BP!Question on Capital Gains tax. Scenario. We took out Home Equity loan for 100K on my primary residence. We used this money to buy a rental property at 400K. The plan is to keep this property for 3 years and s...

I've put together a spreadsheet to analyze fix and flips.  Using the basis of ARV-Rehab Costs-Fixed Costs-Profit, or simpler ARV x 70%- Rehab Costs.  I've broken down my fixed costs into purchase costs, holding costs,...

I've been a licensed agent for over 20 year but I'm brand new to flipping.  It's why I got my license in the first place but I got caught up in transactional agency.  Looking to change that now.  If any of you pros ou...

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*This link comes directly from our calculators, based on information input by the member who posted.

Down Payment (25%?)Entrance Costs (lender fees) $2,000+Rehab Costs?Holding Costs ($3,000)?Exit Fees (8% or resale price)?Mortgage Payoff?

So here is the situation. I am a full time college student, 20 years old and I'm closing on my first deal on January 15th. The purchase price is $11,500; it is a small single family house 2 bedrooms and 1 bath - 864 s...

I am looking at buying this 3200 sq. ft. house at or below 100k. ARV should be 230k but a realtor said not to expect that because buyers can buy new homes (not in the area) for 210k. Average house in the area is wo...

Hello BP, I am a new investor from Cedar Rapids, IA looking for some BP help/advice on a deal that I am interested in. When I say newbie I mean I have done tons of reading/research and am ready to pull the trigger. Th...

Hi,I was thinking of selling one of my single family rentals to buy a multi family rental using a 1031 exchange. The multi family property would be between 2-4 units. I have roughly 50% equity in a $300k single family...