Hey BP Community!
I found an incredible deal (a bit out of my price range) but trying to ask HOW CAN instead of can't. With some finesse, I got the seller to agree on some creative financing. I so have some question...
This month I closed a subject to deal. I know that a lot of people are hesitant to take over existing loans so I wanted to share this success story. I will keep it short. I purchased the home subject to for 0 money...
I have an interesting situation and my accountant is working to figure it out, but I would like to see if anyone has had experience or has insight they can help with. I have 2 contracts with one lender. They had 1031 ...
I'm going to have one side of a duplex that is going to be ready to rent out soon. I have a man interested, but have heard not good things about him. He's been texting me and I can already tell that he's pushy and bo...
We have 2 loan scenarios: FHA with 3% interest rate and 3.5%($17,000) down BUT we have to claim $150k of income on our tax returns for 2 years and pay IRS 70K (2 years worth) total in taxes because we are self employe...
Hi everyone very new to both bigger pockets and real estate investing. My wife and I have been looking at properties for the last month and came across a mobile home park with 51 units,49 of which are rented, that gr...
Hi BPers! Could someone help explain to me the pros and cons of owner finance and subject 2? I hear the podcasts say it's a great way to buy a house. So for example, if I find a for sale by owner house, should I reque...
Will try to be brief. My stepson has done very well for himself over the past couple of decades, has set a very healthy amount of funds aside, formed a RE investment company, and structured it properly to access the ...
Investment Info:
Small multi-family (2-4 units) fix & flip investment in Somerville.
Purchase price: $629,000
Cash invested: $415,000
Sale price: $1,350,000
Bought a 2 family home and gut ren...
Up until this point my sweet spot has been 4 unit townhouses that I’ve financed with 20% Down from big banks (Wells Fargo mostly) on average I pay about 200k per property. I have several buildings all spread out and w...