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I will be a passive investor who will finance the flip and my partner will do all the work and we will split profits according to our agreement.My preferable way would be to buy it in the name of the LLC I own 100%, m...
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I am looking at a deal where the property had an underground oil tank removed and the soil test shows mild contamination. The seller is re-mediating. One realtor advised me against getting involved because I intend to...
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I sold my house a few months ago and am getting ready to buy my first multi-unit property. I have a high income and can buy my first property myself.
However, I have many friends that are nearing retirement a...
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Hello BP friends, I have been trying to get my start in real estate investing. I think I’m stuck in the paralysis stage, I have read some books and been to the conferences. I currently live in Prescott Az. A small mou...
I just purchased a house in The Colony that I plan on flipping. I do have the option of renting it out if needed. I just had the foundation repaired and the hydrostatic test failed. This was the second hydrostatic tes...
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Hello-we are making an offer on a foreclosed reversed mortgage multi-family where the owner is now Fannie Mae. I understand they they cannot accept less than list price, which is the appraised value. We are seeking ...
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Hello,My tenant just let us know that her son (11 months) just tested positive for lead poisoning. We also live there and just had a baby 5 months ago and she advised us that we need to get our son tested ASAP (it is ...
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Is anyone familiar with the rule listed in the title and is anyone that has a full-time job in another industry using this rule? The first two CPAs I reached out to advised against this. Looking for someone who is suc...
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Hi Everyone,I'm new on here and trying to learn as much as possible. I have finally decided that I'd like to start building a passive income - this has led me to the idea of buy and hold Rental properties as the sto...
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I am trying to close on a 4-unit multifamily property using FHA lending through Lender A. My W-2 income alone qualifies me for the purchase of the multifamily property. The Self-Sufficiency Test does not pass the requ...