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I took out some equity on one of my investment properties in 2015 and I am going to use it to put a down payment on another investment property in 2016. Can I do a 1031 exchange for this transaction and, if so, do I s...
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My wife and I were driving around Claremont in Southern California and noticed a vacant home with notices plastered all over the front windows. looking through the windows revealed an empty house with lots a work to d...
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Background: I recently posted about a fourplex that is on owned land, but that land is basically only the footprint of the building: http://www.biggerpockets.com/forums/311/topics/150...I just received word from the l...
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Hello everyone,
I searched the forum for an answer and couldn't find it.
I recieved a lead on a listed property and am working on my first deal. Ive been going over the numbers and would appreciate any feedback.
Se...
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I am in Lancaster Pennsylvania! I am looking to borrow some private money and I have couple people that want to land me money. Can someone please explain the legal process so I do everything right? thank you!
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Found a 3 BR 1BA bungalow style home in Richmond. I'm submitted my first offer today.Sq Ft = 1,018List Price = $65,000Initial Offering Price = $32,000Max Limit = $40,000ARV = $125,000Realtor Fees = $7,000Closing Cost...
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I'm in the process of buying my first property cash at foreclosure (closing in few days), and my goal is to get as many properties for rent as soon as possible. I read a lot and here is what I understand that would wo...
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So I just purchased my first property and want to brush up on a concept. Basically I rather grow quicker than slower and want to find out if taking this "loan" will be conducive to that goal. Im sure that it will, b...
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Hi, I'm in the process of purchasing a condo. My escrow and inspection period are over, closing in two weeks. Deal: Purchasing property for full asking, and also agreed to pay $13.5K due to association for concrete re...
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Hey, everyone!
I'd appreciate a second set of eyes on my analysis:
https://cdn.carrot.com/uploads...
The seller is asking $1,175,000 for this 12-unit apartment building. Their actuals (see 'Prior Year Financials') ...