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Hi All! Anyone know of a lender that can do HELOC for primary home without sufficient income? Asking for a friend.
I understand the ups and downs of leaseholds, but had a specific questionif you were to BRRRR a property (say you bought it cash or owner carry) and had a fair bit of equity in it after rehabbing, and could demonstrat...
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Does anybody have any recommendations on how you track the work you have put into your real estate business? I would like to claim the real estate investor qualification on our taxes next year. Technically, my wife ...
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Hey BP CommunityI'm looking at a potential flip in the Nashville area and need some referalls to trustworthy contractors who can take on an extensive project. The home in question was built in the 1920's and needs a c...
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So I guess I misinterpreted a 1031 exchange. I purchased a property Jan 2019, a few months ago. I fixed it up and it sold this month, and is set to close May 2nd. I contacted an exchange company and they told me th...
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With the increase in interest rates, looming recession, and drop in asset values generally, at what are the cap rates that folks are you purchasing? Is 10% still the magic number or are folks willing to buy at a lower...
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I have called several brokers in my area and they seem willing to help me and send me deals to look at. After a week I see no deals. I'd appreciate any help.
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Hello BP! Two questions: can you 1031 a house that you have flipped into your next flip?and also what business structure is best for someone who plans to do a few flips to build capital for B/H MFR properties?I know L...
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I have terrible credit and no large holdings in my account. How can I secure funding for a flip/short term hold property?
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Curious as to the best way to structure a deal. You own the lot. You want a builder to come in and do the build. Then you sell the product and both get paid off. Houses in the neighborhood are up to 1M or slighly more...