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Made up example:(Using a private lender)Purchase price= $60,000Repairs= $15,000Closing costs= $4,000ARV= $120,000Loan amount after refinance @ 75% LTV= $90,000Closing costs/interest after refinance= $6,000What was the...
Hello!I am a beginner investor looking to purchase my first property. I have been doing lots of research, but am feeling a little stuck on making the first move. I have been listening to lots of webinars and reading b...
First I will state, "I don't believe in Guru's". However, I attended an event in Virginia this week by Visionary Events. The works highlights DIY tv stars Danny Levin and Drew Perkins. Obviously the workshop is se...
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Good Morning BP Community - I'm in need of a good property manager in Columbus OH. If anyone has any referrals I'd very much appreciate it.
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Hey BP--I own a duplex in Pittsburgh, PA with an off-street parking pad in an area where off-street parking is at a premium. Prior to purchasing the duplex I signed a parking easement that granted the neighboring SFR ...
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I initiated a 1031 on October 18, 2017 (a flip I owned for 4 months), and now realize it may fail. However, I've already filed a 2017 return. Will the sale be recognized by the IRS as a short-term capital gain in 20...
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I am the owner, and I have a loan on this house, I have a Contract(s) with a Couple that we had setup through a Century 21 Real Estate agent, that did this as a favor to us to set up a Lease and Option to buy. The Con...
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I am a civil engineer about 3 years from retirement. I am looking for some rental property to provide a supplemental income stream when I retire.
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What are the advantages and disadvantages of using private money? What kind of deal structures are most common? vs. personal financing when you don’t have a lot of capital to begin?
What are good areas to invets in SC? Please advise.