Thank you in advance forum members. I need clarification on whether the 2-out-of-5-Year Rule would apply in our situation to get full exclusion from capital gains tax.We
live in CA and had purchased a condo in Jan 2...
So today was exciting, I spoke with my first seller who sounded motivated :). I was driving for dollars and found a home with yard work needed. Called the owner and had a good convo. I made an offer on the house which...
I recommend "Priciples of Real Estate Syndication" by Samuel Freshman. Any other recommendations for books on real estate partnerships or syndications?
Hello, I'm a newer investor and I'm trying to plan out my next deal properly so that I can maximize my ROI. Currently I still work full time at a 9-5 type job, so that eats up most of my free time. What I figured I wo...
Hi every one this is my first post and my VERY FIRST DEAL. I am looking to by a 3bdr 2 bath SFH. I have lived in the neighbor hood for most of my life and feel great about location but I wanted to see what everyone...
Hi bp gang!
found an awesome investment opportunity in the new york area. multifamily 3 over 1. It's a little risky because I've been furloughed with the virus, but i was thinking of pulling a hard money loan ( refin...
Anyone done a wrap around mortgage in WI ? I have a property that i hold free and clear, but wanted to cash out. So doing a 30 year fixed now. In the meantime, i am advertising this property for seller financing so i ...
I am considering co-signing for a loan. The borrower may qualify for a government backed zero down first time buyer program. We will both own the house 50/50. (This is in a area where a good deal is a 400k 3/2 house. ...
I'm doing analysis on a few BH deals around 75-95K on the purchase price. What is a good CapEx % to use on these properties. I have been using 10%, but it seems to be eating into my cashflow. Does anyone base their...
My husband and I have been toying with the idea of a vacation home in Virginia. The town is turning into a second home community with deals to be had. We love the location on the Chesapeake bay for our kids and the ...