We financed our first investment property with a conventional. Our initial plan was to lower capital gains tax by holding and renting for a year. Now that we are almost finished renovating the home we are thinking abo...

Hello BP community. My name is Hector. I am a bit new to BP and the whole real estate business. I have a question for you guys. If you submit multiple offers at once, and get excepted for a few of them, what happens t...

Hello Everyone, I'm hoping to get perspectives and suggestions on if I'm taking the correct approach to FINALLY beginning my REI journey. Or even someone to play devil's advocate and challenge me on something I may no...

We are in the final stages of purchasing a multi unit in Berlin. The purchase and sale agreement signed by the seller June 5, 2017 clearly states that the 1st floor unit needs to be vacated by the present tenant by cl...

Hello BP community. Just closed our first rehab deal 13 days ago. We got a few bids and decided to use contractor referred to us by wholesaler who also does several flips in the same area. Prior to closing on proper...

Can anyone tell me if this is a good loan agreement?

LOAN TERMS AND CONDITIONS

(1) Borrower must have a working bank account in his/her name or company name which will be used for the transfer of t...

Are bird dogs in Florida legal and how do you pay them?

Hi everyone,I'm leaning towards opening a solo 401k vs a SDIRA, for buying and holding multifamily properties. But I have a question that I would like answered before I can make a final decision.My question is, I unde...

I hate that this is my first post but I don’t know where else to get advice. We have had the same great tenants for the past 3 years. They have always paid on time and has kept the property like their home. The onl...

Getting right down to it, I am contemplating cashing out my 401k and taking the early cash out penalty, to fund my first step into the BRRRR strategy. I have been self directing 50% of my account for about 3 years and...