Hi BP,I have a question as an upcoming real estate agent. If I find a property that I plan to occupy for house hacking, how can I use my commission on the deal?For example, can I contribute my commission to closing an...
Hi BP Fam!Our primary residence is valued today at about $215,000. We're 8 years into a 30 year mortgage with $95,000 left at 3.875%. I'm new to investing and still in the learning stages.We are in the early stages of...
Hello everyone, So I closed on my first property in Aug and wanted to post it to see what everyone thinks. A little about me though: I am active duty military, currently out of the country so I managed this whole d...
Investment Info:
Single-family residence buy & hold investment in Fayetteville, NC that I plan to LTR using a PM. This is an out of state investment.
Purchase price: $112,000
Cash invested: $27,500...
So in 2016 I bought a property for $71k. Imidiately tented it out for $850 a moth. After all expenses I make $500 profit. The property is now valued at $98k. I also have a two year contract with the an amazing tenant ...
What other platforms do you use to find qualified tenants?
Hello guys
Reno got costly on this last BRRRR deal. I’m a Buy And Hold type of guy but the sale is calling me after running the numbers. FYI: If I keep I will be sidelined for 8-12 months until I can buy another deal...
Hi,I'm about to place an offer on a 4plex in Longueuil (off the island of Montreal). Being my first plex, is a NIM of 15 considered a good deal in your opinion? Appreciate your help on this. I only invest in Mortgage ...
Hey guys! Just wanted to share my most recent success story!Back in Nov 2015 I bought my first property for cash and fixed it up with my father. I had no idea what I was doing, but was determined to make it work. I...
Does anyone know if you can complete a 1031 exchange if you sell a property but carry back a small second mortgage?
For example, if you sell a property for $1mm and receive $900k in cash and carry a second mortgage f...