Hi, looking for a CPA or financial advisor that can help me figure out what to do with my flip, specifically, 1031 exchange it, sell or hold it for awhile. Thanks
Hi Everyone. I wanted to get some information from Investors who currently buy and hold and ALSO buy and flip. Just to give you an idea about myself, I live in San Diego and currently buy and hold in 6 different marke...
Hello Everyone... new to the website as well as real estate investing... I'm trying to pull together a list of must read books as well as take in suggestions and advice from experienced investors.
What is the best ...
So I have $100,000 to invest of my own money. I have done no real estate investing yet. My real estate agent friend recommends me going into rentals and my accountant (and mentor who owned three rentals and just sold ...
Right now I own 12 single family homes in the Cleveland market all financed between 4-5% with most of them on a 30 year term and 2 of them on 20.... All of them cash flow between $200-$450/ month.With my current busin...
I understand the acronym, all except the details of refinancing.
How do you "pull out" your invested money by refinancing? Or is this R referring to taking out a HELOC?
Please explain at "dummy" level with detailed...
,could/would a bank extend a mortgage on the property to the buyer after the cash purchase? The end result being the purchaser getting their cash back and instead having a monthly payment.What would the process be? ...
So - here's a high level run down of how I understand this - and a few questions.Premise - let's say I have about 20k to invest here.Buy - simple, run the numbers, make sure they'll work - in the case of BRRR you want...
Hello BPers, As the title states. I just got a HELOC for 100k and I have about 60k of my own money to invest. I love the BRRRR strategy but finding a killer deal in my competitive South Florida market is nearly imposs...
Curious what might be a better option for growing or stacking investment properties.
1) Buying under value in a warm market, doing minor fixes and refinancing your money out to reinvest. Hopefully the property appra...