Investment Info:
Single-family residence buy & hold investment.
Purchase price: $109,000
Cash invested: $62,000
This clean West Philly property was my investors first property in the Philly marke...
I recently joined BB and I have learned a lot over the last few weeks. I am a fairly new real estate investor. I currently have 1 duplex and 1 condo that I am renting out.
I am in the process of buying a 3 unit ...
Suppose there is this property:
FMV 200k
1st lien 125k (with arrears)
2st lien 25k (current)
Mechanics Lien 5k.
1st one is foreclosing. Suppose someone bids 170k at the foreclosure auction - I understood that the firs...
Hey everyone, I'm new to investing in real estate and have been studying and lurking the forms for many months. I'm ready to allocate money to assets and start building my wealth. I am a mechanical engineer, and have ...
Hi Everyone!My name is Edwin Borrero, most call me Ed. I am 25 years old, fairly recent grad in the Dallas/Ft. Worth area. I have a degree in Mechanical Engineering. I'm a huge car guy so if you're having car trouble,...
My wife and I are working on a project in the Lohi neighborhood of Denver. What should we expect to pay for architectural drawings, structural and civil engineering, and a surveyor?
Hi BP Members,Any feedback on this potential deal would be a huge help.Details:Purchase price: $45,000Down payment: $11,250 (25%)Closing costs: $1,800Rent: $875/moMortgage: 4.5% fixed 30yrs. Insurance: $50/moTaxes: $1...
Hello folks. I'm new to BP and I'm currently researching the purchase and rehab of my first multy-family property. I was discussing offsetting utility expenses with a friend tonight, and he suggested that I consider i...
Hello Biggerpockets!
My name is Jim and I live in the Central Florida/Orlando area. I have been learning about real estate investing for the past 1-2 years and am close to making my first real estate deal.
I am 25 ...
We had a conversation with our CPA today and in the course of that a few 'new' ideas came up.I'm wondering for those that have utilized checkbook control for a business under a self directed IRA, then for instance don...