Bryan H.
I have 2 rentals and a primary. What should be my next move.
Hi everyone, Thank you for taking the time to read about my situation and give me advice. My goal is to bring in 16k per month with my buy-and-hold properties. I plan on living on 25% of that and using the additional ...
Eric Caudill
Best Deal Structure for Family Portfolio Purchase???
Hi BP Community,BackstoryFor years I've heard my father tell me that if he could just unload his real estate properties he could finally "retire" or at least be a lot closer to retiring. The issue is he's got homes sp...
Boris Kryuk
Below market private deal. Good ROI, but couldn't get mortgage.
Investment Info:
Condo buy & hold investment.
Purchase price: $215,000
Cash invested: $230,000
Sale price: $215,000
Building doesn't allow mortgages b/c of high sponsor owned apartments.
...
Emanuel Cargle
Converting a Condo into a High-End Corporate Rental
Hello all! My name is Manny and I’m brand new to real estate investing. I'm excited to take the next steps in making my first investment which will likely involve the use of my condo. I'm primarily leaning towards the...
Jeff Abel
Next investment opportunity?
Curious what others would be thinking about doing if you were in my shoes.I'm an attorney (not in real estate) and have purchased a 11,000 sq building off Parmer to house my firm and have 1-3 other tenants (I'm presen...
Mazyar A.
I did not issue 1099 for expenses, can I carry over to next year?
Hello,I had some renovation expenses in 2020, for which I was not able to issue 1099 forms on time and to send out to the subcontractors. Does IRS accept carrying those expenses over to 2021 if I issue and send out th...
Michael Bettencourt
Wells Fargo "remodel loan"
Has anyone dealt with a low down renovation loan offered by a finicial institution other than fha 203k? I have a mortgage broker from Wells Fargo recommending their 3% down renovation loan over the 203k. I can't find ...
Julie Hill
Nomad, House-Hack, & BRRRR at the same time...
Hey all,Sorry for the long post but this deal is an interesting situation and would love some insight on the best way to pay for the renovation:Our town (Arvada, CO) just made STR legal for up to 3 properties. We lov...
Alon A.
Hard money loan understanding
Hey guys I would like to understand something Purchase price: $270KReno: 70KARV: 420K My lender fund 75% from ARV which is 315K , it covers the purchase price also he covers 100% or rehab , I need explanation about t...
Christin Nguyen
How Does The 1% Rule Apply in House Hacking?
Hey everyone,
So I'm a travel nurse ready to get started into this world of real estate. I have a potential duplex but wanted to understand how the 1% rule would apply if I live in one unit and rent out the other.
...