I’m a soon to be first time homebuyer in the next year or two but I’m also interested in investing in real estate. Would it be smarter to buy an investment property or a primary residence first? or would buying a dupl...
To the CPA's and tax professionals out there,A scenario popped in my head. Say I sold a currently owned house with 100k in profit and then used that profit to invest in 2 other properties (50k each). Would the 100k I ...
Hello All,
I am a licensed Realtor of 2 years with limited experience. I am also a RE investor newbie who is evaluating multi-families as I write this post. My question to anyone who wants to answer is this... Would ...
Hi All - I'm under agreement for a condo that has finished natural wood trim. Good news is that there is no lead paint. Bad news is that it looks very out of of date. I want to paint it white but am losing sleep a...
Hello BP Community,This is my first post, so be gentle. My question is one of general strategy. Given the following choices which do you think is the smarter option for a 1st time home owner with REI aspirations.Opt...
I am under contract on purchasing an off-market home, seller finance in North Jersey. I am getting a 5% interest rate, 30 year amortization with no balloon, no prepayment penalty.
I am deciding the best way to fund ...
Just starting out in real estate. Biggest issue I have is lack of funding. I have two directions I could go and would love guidance and opinions from more experienced investors. Option 1: Make connections with other i...
Im about to send out a contract for 4 parcels of land/residential totalling ~13 acres in Raleigh, NC. I was wondering from those more experienced in this if I should be sending out 4 separate contracts for each or 1 c...
First of all thanks for sharing all the info on here. It's a great site. Here's the deal.
Personnal residence
206k 11/2006
30 year fixed at 7.5 0 down.
Mortgage payment of $2240 includes escrow for taxes, ins, and...
Since I have a few properties and in closing on another this week, is it smarter to put the properties in separate LLCs or create a trust for each property. I spoke with a professional and was told it will be hard to ...