I bought two duplexes right next to each other in the town I live in. I was able to get a deal on the properties and BRRR'd my way to my next deal. True cashflow is roughly 500 each property. PP for one was $110k reha...

Hi guys,

Had a few questions regarding recapture tax and was hoping someone could help.

1) Recapture tax is a federal rule/law and not at the state level correct?

2) Will you owe recapture tax whe...

We were quoted a cost of roughly 300k for a particular company to do the architectural and engineering work on a 100 lot 50 acre subdivision. I am still new to all of this but that seems extremely high, considering th...

Hey BP,
I’ve decided to try my first flip, and have had an offer accepted on the property. Its not a great deal, and will not net huge profits, but let me know what you think.

House- 51,000
Closing (est) – 1500
...

In your experience, what are 3 "MUST ask questions" when interviewing a Hard Money Lender to fund your project???Go..

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $210,000

Cash invested: $25,027

Sale price: $285,000

Fix and Flip #11 purchased off market. Medium rehab. Drain...

Hi,I have worked with a few lenders and have been seeing rates for a 5% owner occupant conventional loan floating around 7.1 - 7.3%. I recently got in touch with a smaller bank that is able to do a 6.5% interest rate....

Hello everyone, I am brand new to bigger pockets and have decided to join and make this post to get some help from the rest of the members. I have not done a deal yet but I have my team set up and ready to go once the...

Okay, please hear me out.
If you:
paid cash for a fixer-upper/soon-to-be rental (property one),
~$300k saved up,
a primary residence (property two) with only $230k left on the mortgage (low interest),
and ha...

Hi guys, so I'm completely green as they would say. I've read a couple books, perused the forums, and have listened to about the first 80 episodes of the BP podcast in the last two to three weeks. My long term goal is...