DEAL SCENARIO- Trying to clean up a deal a former partner initiated. I don’t think the paperwork was done correctly. Now that the tenant buyer is ready to perform I need to make sure my interest is accounted for. D...
Bought a 24 unit complex 2 years ago. It had been foreclosed on and was empty and trashed. Now it has been rehabbed and is at 90% plus occupancy. Would like to refinance from local bank at variable rate to a perman...
I'm debating to take the tax hit from early 401K distribution or invest in SDIRA Notes. If I take the early distribution, I'll have to set aside about $40K for just taxes in that year. Now regarding SDIRA Notes:1. ...
Hello all- firstly, thank you for taking the time to visit my first post! I am new to BP within the last week and came across it via the podcast (which has been most informative and helpful!).I'm about 2 months, 7 boo...
So I was watching an auction on an occupied duplex. The opening bid was 17.5k with a reserve. ARV is 105k. Rents are 550 ea. It needs some updates but livable. Bids were at 60k and reserve was not met. So I said why n...
Hello, I am looking to purchase a property cash for 30k or less, and invest 20k or less in repairs before selling it as a quick fix and flip to make profits. What house I choose to buy for this purpose is SO important...
Hello BP community! I recently purchased my first sfr through roofstock and the process has been very smooth running so far. I close next Thursday on a cash flowing property. My goal on the first property is to buy a...
I know you can only buy up to a 4 unit place with a FHA loan but I was wondering, could you get a Freddie Mac Loan and go beyond the 4 unit limit of an FHA loan? I thought they had a lower down payment then a convent...
Hey everyone! I'm new to the BiggerPockets community. I'm in the D.C. Metro area. More specifically, Fredericksburg, VA. I currently have two rental properties and got my Real Estate license last summer. I'm ready for...
Greetings fellow BP members! I've been listening to the podcast and created made my profile. I'm ready to continue my real estate ventures especially now that I'm going through The Walking Dead detox until September! ...