Hello BP Community,
I am in the food business and have been for a while now. Being a successful restaurant/deli owner I am trying to increase my net worth and begin investing in real estate.
Here is the lowdown on a...
Any commercial lenders out there that dealt with a 4-plex that is legally separated into 4 individual condos that are all owned by one individual/entity? I am looking to purchase the 4-plex (All 4 condos) in one purch...
Hi Everyone!I am a new investor, and I'm about to purchase my very first property!! I intend to start house hacking right away, and I have a question about the Bigger Pockets Rent calculator. I am currently looking at...
Hello all!I have a tax question regarding the Section 121 2 year capital gains exclusion for primary residence...The property in question is originally 3 subdivision lots. Wanting to re-divide the property and sell of...
How would you divide ownership in a deal like this? It's a small multifamily property.Investor #1: brings in half of the cash, finds the deal, manages the rehab, manages the property manager, does all other admin.Inve...
Hello BP,I located a great investment opportunity on a foreclosure and I will be only be able to provide about 15% of the cash needed for the full-cash purchase. I pitched in to an investor and got him on board and he...
I'm in a development project with someone. We bought the property together. It's his project, his name is on the mortgage and what not, but I gave the money for the down payment and it's every intention for us to do a...
I am looking at a 1+ acre property in Texas to build-out self storage units or small warehouses. The land was deeded and is part of a larger lot that needs to be platted, surveyed and sub-divided. What is such process...
So basically I'm dividing a lot into 3 lots, and building a house on one of them right now. There was a miscommunication between the civil engineer, builder and city, and originally they were going to let me build the...
Hi
Bought a 2mil buidling last year with family members under a Limited Liability Co. and I am looking to sell "shares" of the LLC to another family member who wants in.
So 'cash out' a bit, if you will...