I recently read through as many posts on BP as I could regarding raising a small amount of money to use for my acquisitions. After going through - what appears to be a normal knee jerk, 'I'll just start a company and ...
My business is buying vacant land, cheap through tax lien foreclosure and then selling it. I own 125-vacant lots. Business is BAD, I haven't made a profit in years. I was holding some of the lots for investment but th...
I'm new to this forum thing so bare with me please.
We have an excellent opportunity on an 8 plex we are probably going to buy. We already have it locked down with an offer, pending the inspection report we g...
I'm 23 years old and currently living with my parents working odd jobs, have an associates degree (in liberal studies.. yay), 0 debt and perfect credit. I've always wanted to get involved in real estate and would like...
Theoretical deal:
3/2 in South Carolina
I purchase this property, rehab, and resale with contract for Deed. Buyer puts down 5k and sign contract for deed of 65k. Comps support value of 70k. Nice working class neigh...
Hello,I am a new investor from North Jersey about 30 minutes from NYC so multi family properties are a bit pricey here. I am looking to acquire my first multi family property for renting out next year, 2021. I have a...
Ok, now that I have a number of trustees to research, I'd like to here from or talk with someone who has an SD-IRA. The prevailing wisdom has often been, "don't touch your retirement money to invest in real estate."As...
Hi everybody! I have been wondering if any of you have ever used a credit card to purchase a SFR free and clear. If so, how would you generally go about quickly paying off the balance of the credit card? HELOC, a Home...
Hi All -- I lived in my single family home (which I have an FHA loan) for two years before I started renting it out to tenants. I've now owned the home for three years, and have had almost a year of rental income. I l...
Background
I am not a Professional Real Estate (yet) as I am working as a full-time engineer, and I don’t meet 750 hours of services during the tax year in real property trades or businesses in which I participated. ...