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Hi BP community,I am curious about combining three well known strategies for acquiring properties. I would like to leverage an IRA to acquire a foreclosure and then BRRRR the property to pay back the IRA. Has anyone...
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I am attempting to increase my homes value 5% in order to refinance to remove the PMI. If I can prove 12 months of rental income from my basement tenant, is it likely that will increase the value during the appraisal?...
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Forward
The post you are about to read is based upon a factual account of a property condition assessment (PCA) recently completed for a commercial real estate property consisting of a multi-tenant industrial office ...
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I have 4-unit property that has a spare room we rent out as an office. The current tenant is a videographer and doesn't have any visiting clients (minimal liability). A new prospective tenant, a therapist, would have ...
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Introduction
This complex topic has been discussed on many BP threads, with persistent misunderstandings and misrepresentations. Many investors fail to grasp the fundamental principle of taxation: you cannot, based o...
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Hi.I've told from my lender that I already maxed out and won't be able to buy more property unless report more income for 2020.Question; is there any other way besides of reporting more income,to get approved for anot...
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Hello BP,
Can any brokers working with AIR CRE lease docs on here tell how much it would cost to write out a lease with 14 -20 credits? Looking at AIRCRE website it seems they moved to a pay per use model with credi...
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Hi everyone,
I have a friend who is willing to cover the downpayment for a multi-family or apartment building, which is around 20% of the loan amount. I am also planning to apply for a commercial loan since a lender...
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This is a 3 month update to Durham NC market data thread- Previous post: https://www.biggerpockets.com/...
This is counting as the .5 update rather than a full release since this is more of historical data post, as w...
Hi there, my name is Aram, I'm a financial advisor and a newbie real estate investor! I'm currently moving my investing activity to a different area and working on building my power team in that area.
I've come acro...