Hi all!I purchased my first out of state investment property in NWA (Bentonville) earlier this year. It was essentially turn-key, which was nice for my first deal. However, I am now ready to do some rehab work and cre...
I need to find losses for this year to offset some gains. I have a house that I don't care for, and my basis is $48k. I am already will to let it go for $40k, but its hard to find a buyer in this neighborhood.
Ar...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $105,000
Cash invested: $27,000
I used my heloc to fund the down payment and some cash from a land sale to have the...
Investment Info:
Condo fix & flip investment.
Purchased an off-market withdrawn listing that had unsuccessfully tried to sell for 100+ days in summer/fall of 2022 (overpriced given condition). 10th floor...
Investment Info:
Single-family residence buy & hold investment in Topsail.
Purchase price: $298,000
Cash invested: $15,000
My wife bought and renovated our first family residence with the inten...
Hi everyone:I'm looking into buying my second property, I bought my first property in CA on April 2020 and have about 175k in equity at the moment, I'm really motivated to buy my second property this year using either...
We are rehabbing a property we paid cash for. We should be done in six months and want to use it as a short term rental. Is it possible to get a non-QM loan without rental history or would we have to refinance the tra...
Hey folks, I’m in the process of a DIY live in flip. I’ve already fully renovated one bedroom top to bottom. I still have about 700-1000 square feet of rooms with wallpaper that needs to be removed, repaired, skimmed ...
It seems to me that Cap Ex is a very important part of evaluating a deal which investors tend to under-estimate. My current rule of thumb is to plan $1,000/year per unit.First- do you agree with that as an estimate?Se...
Dear BP,I have been getting creative looking for properties and reached out to an owner with a 24 unit complex that is not on the market. The reason I am interested is because the owner would "consider seller financin...