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I am just getting started in Statesville,NC and my question is, will banks lend primarily a FHA loan on a property that needs work? I am trying to do the BRRR method. I have not raised any private capital because i ha...
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How do I attain basis for depreciation on this property;l?I’m at odds with my CPA and looking to see what I can do to maximize my depreciation on the property I purchased a MHP at an incredible deal, way under FMV d...
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Quick question for all my fellow BPers!I am looking to do my first flip, and want to fund it using a HELOC. The plan is to purchase the property with cash using the HELOC and then using a credit card to fund the rehab...
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Evening all,I am completely new to the game of REI. I have aspirations of quitting my day job one day and living off my investments, hopefully riding into retirement one day from it. My question to you today is what i...
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Hey BP community,
First time poster here. I work full time and have a family so I don't have many extra hours to give towards getting started. I also live in NYC which makes the barrier to entry pretty high. I have $...
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Hi,I am new to REI and while I was doing research, I may have found a property that I can wholesale. How do I find out how much a property could sell for?Thanks in advance.
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I would like to know what service do you guys use or recommend for doing a background check for prospective tenants in Southern CA. I saw a discussion on using Smartmoves by Transunion but I am not really familiar wit...
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Hi I’m looking to buy another STR in the Tallahassee area but having trouble deciding on what would be the best area. West Pensacola area is nice and close to the schools/stadiums, (the property I’m considering is a ...
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Hello: I am a new wholesaler in the NY/NJ/CT area and have wholesaled my first deal two months ago. Honestly, it was by luck and did not go through the typical "assign a contract" wholesale or "double-closing" wholesa...
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How do they calculate what your property taxes will be when you purchase a property in Maryland and/ or Delaware ? Is it a percentage of the new purchase price ? Is it the same for a Single family home and / or ...