I believe I want to purchase some real estate using a Checkbook IRA. Much of my retirement is currently sitting in mutual funds with a large investment company. With that, I'm extremely comfortable with the proces...
Hi All,I've been looking for my first investment property since the summer. I've been very carefully searching in hopes of making the best decision, and avoiding some of the common 1st timer mistakes. I'm preparing to...
Hey guys,
I have a few questions. I'm in escrow on a 5 bed, 5 bath single family house and plan to rent out rooms to travel nurses or other monthly tenants. I've never considered renting out units monthly, so I have...
Hello everyone. Thanks for taking the time. I've been doing a live-in-flip in Seattle for the last 2.5 years. Two realtor friends have told me my house is now $700k give or take, with about $300k equity. We've conside...
I put in my first offer on a Short sale in NC, and was surprised by a due diligence fee. it was very minimal only $200.
My question: is it normal to pay a due diligence fee in other states or just NC? if so w...
You must be tired of hearing the ‘experts’ saying that NOW is the best time ever to get into the buying spree. And I must tell you that the statistics generally tend to support this statement. Just by looking at t...
I understand there is a seasoning period for BRRRR method before you can refi when you use conventional funds to purchase the property... but what if I purchase and renovate using cash? Can I get a cash out mortgage a...
I have 2 questions that I would love if someone had insight into. 1) as the title says, we don't quite reach 2 years for the tax exemption. We were one month short before renting it out. We closed in May 2018 and th...
Hello again BP Community! I have had a lot of great connections from this site already in such a short period of time. I am looking to get into the wholesaling side (as are many others) and I have found a great person...
If you had 100k, would you buy one property for cash and then use that property as leverage (heloc etc) to buy more?Or, would you use that 100k as a down payment on a couple different rental properties.