Is it possible to purchase a multi-family unit in the SF Bay Area and have it make financial sense in the next 6 months OR is it better to keep renting and use that money towards an investment property in another mark...
Hello BP Community,I have been approached by the holder of a seller-financed note (for a property I purchased from them) asking if I would be able to repay my note earlier than agreed. They understand that it would h...
Can anyone tell me how to create an LLC?
I'm working on better understanding cap rate and how to apply it. Can anybody link me to a good explanation/example of how to determine when it is good and makes sense? Thanks!
Working on a loan for a duplex that I'm psyched about. I'd love your thoughts on paying down interest rate up front with points. I'll use an example with similar numbers because I want to truly understand the reasonin...
I have identified a 6 unit apartment building where I would like to house hack. The asking price is $1.5m. I have $40k in savings. What is my next step to get this financed? The numbers make sense once the building is...
I inherited 62 acres of land in Middle Tennessee back in 2017. I would like to subdivide the land into smaller 5 acre tracts, sell them, then complete a 1031 exchange. My CPA asked me what the "basis" in the property ...
Hello guys!
I just want to solidify my understanding regarding partial seller financing since I didnt get to fully understand it at No Money Down Book.
What does it mean if a seller carried a note on a property to h...
Hey I am currently getting closer to closing my first BRRR deal but I wanted advice on how ppl went about the cash out refinance step. Is it tougher to cash out refinance when the title is in LLC? Any tips on how to s...
How would you evaluate a tear down that is zoned B-3-2 in Chicago? I'm not sure I totally understand this zoning designation.