I own a personal residence with A LOT of equity. I'm single, so if I sell it I can avoid tax on $250K of cap gains, but there would be significantly more than that. If I sell the property, and roll the proceeds into...
Why Worry? Why Get Depressed?Why is it that when we see others in our business, whether that be note investing or other REI, doing so well we get worried or even depressed over their successes and our seeming failures...
With the recent mortgage reforms (Dodd Frank), what is the "standard" for DTI that lenders are looking for now? I'm exploring the financing of small multi's (4 or less units) for a long-term buy and hold investment s...
Hi, Im looking to get into multifamily commercial properties on Long Island NY. I am not able to find much when doing searches, basically looking to find my first one, anywhere from 5-32 units. Any advice on the sub...
Hello all First post! My firm is purchasing a MF property from this couple in their mid 70s-80s. They purchased the property in 1992 and are looking to avoid paying capital gains tax on the property. What would be the...
Hi everyone just don't know the right questions yet. Attended a free webinar and so want to begin my journey im real estate. Just don't know how to start here in Georgia.
Just curious if most people here are doing things entirely in their name or if most have setup LLCs and corps to protect themselves. Seems that doing everything in your own name would be foolish but I'm curious how m...
Hey @Joshua Dorkin and fellow BP'ers, here's an idea I came up with recently I thought I'd throw out there...What if we had a section or sub-section of the forums that were regional and/or state-specific, i.e. Midwest...
This is the first building my husband and I have owned, and there was some miscommunication at the beginning. I posted the ads for the apartments, which stated that there were two spots available only during snow emer...
Hi All,My name is Cynthia Murphy and I am new to the forum. I live and work with my husband as a contractor in the Northern Virginia area. After 20 years in both Real Estate Finance and Contracting we are just getti...