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I'm considering purchasing an invesnment property with a small ADU (1/1) in Georgia. I've never owned an ADU and I'm concerned about how it'll influence the primary which I also plan to list and rent. It has separate...
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Hey BP.I was wondering is there a way I can refinance 2 properties that I have which are both free and clear WITHOUT a job. I looked into a hard money loan which based off an individuals' assets in total and it is a 3...
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Hi BP,I am planning on selling my house before the 2 year mark. However, I am at about 22 months of ownership. Will I owe capital gains taxes? If so how much and how did you calculate this? Purchase price was $187,000...
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Hey Bigger Pockets Family,
My partner and I are preparing to close this week on a small mobile home park in Midland, TX. This will be a first for us both and I wanted to get your feedback and experience in owning and...
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Hi everyone,
A couple of weeks ago, I noticed a seemingly vacant and distressed property near my current residence. After conducting some title research, I discovered that the property is owned by the local nursing h...
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Hello. I am looking to purchase a home in Bayville, NY. The home owner agreed to sell me the house for $600,000 via owner financing. The problem is that he owes $550,000 on his mortgage. How does this work? Any feedba...
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Investment Info:
Single-family residence buy & hold investment in Charlotte.
Purchase price: $295,000
Cash invested: $30,000
Primary residence that will eventually turn into a rental over the nex...
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Hello everyone! I Need advise/opinion from the experienced people on my next move. Here is my scenario:I bought a primary residence.Gained equity in 2 years and took out HELOC to purchase my first rental property(dupl...
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We sold a rental in Sac. California and were just told by the escrow company we have to pay 3.3% taxes to California because we live in FL and the property was not our primary residence. This 3.3% comes off the total ...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $1,300,000
Cash invested: $500,000
Sale price: $1,300,000
Bought right after the 2017 fires in NoCal with the i...