Just listed a new rehab project for sale Friday at 155k, received an email this morning from buyers agent saying client is interested but "only approved" for 146k and needs 7k closing cost.
We are still making a kill...
There's a real estate co. In my area that gets all the Freddie Mac listings. The listing agent purchases all the houses thats understand 20k under his girlfriends name, keeps them in the awful condition for the time ...
Hi BP,
Quick question, I completed a 1031 exchange on 9/2023 (about 4 months ago). I purchased a 6 Unit Multifamily as the replacement property and put about $150K in renovations into it. However, after thinking abou...
Hello BP,I'm new to all of this but I'm looking to jump in. I've always had the itch to do real estate and now I believe its calling me but just need to get started. I appreciate all the help and advice any of you cou...
Hi there I have primary residence that I would like to access its equity to begin my first RE investment. I have came across HELOCs and HELoans but not sure which would benefit me best? I am leaning towards the BRRRR ...
Hello
I live in Michigan and have recently purchased a house, which I intend to live in, at a sheriff's sale. Since you seem to have experience in doing this I was wondering if maybe you could answer a few questions ...
I recently contacted a broker about a property he was listing. It was decently priced and was a great rehab property. He told me the house was in escrow but that he had 50 offers on the house before that.
Firstly, I ...
If I were to flip a house and sell it within 6 months after purchase, would I qualify for 1031 tax exchange? or would there be a time period I should hold the property until i can qualify? Should I flip then put it u...
Hello everyone,I am a college student in Sacramento, CA, 21 years old, and have recently discovered REI. I grew up in a small town of nearly a thousand people and upon moving to Sacramento, I became aware of the endle...
The bank just accepted my offer for a REO property. I just met with my realtor to sign paperwork and provide cashiers check for EM. The issue is that property is winterized and I was told that the selling agent has to...