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Hi All,I'm a foreign investor.Let's say I have a property that is rent ready and estimated at $210K ( renting average in this area for such property is $1600)I want to owner finance it in the following terms: $30K ...
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I’ve been looking for ways to best use a HELOC on paying down my home quicker.Can anyone who has or is doing a HELOC sweep give me some direction.
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So this will actually be my first sale and Im not sure if I should do a 1031 or not, I purchased a SFH about a year and a half ago and after some remodelling its been rented since Oct. I purchased the property for 60k...
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I prepare taxes for a living and anytime I prepare a return with rental properties I always pick their brain with questions about their rental properties. This older gentleman with multiple rentals has given me a lot ...
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Hi BP!Has anyone offered all cash then immediately refinanced to get the cash out? I am planning on doing all cash on an offer to make it more competitive and then getting a mortgage immediately after, but I was advis...
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I was wondering what is everyone's set up.We have the basic things set up such as having a LLC, realtor, and a broker. We went under contract twice but we haven't bought anything yet. Plan is to start with a multifami...
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Hello BP collective genius,I bought my first duplex 10 years ago and was able to secure a loan with only 5% down. Do these loans even exist anymore? Appreciate any help.
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Hello everyone!
I am fairly new to the real estate scene and have been silently educating myself through BP's forums, webinars, my own reading, podcasts, etc. I say fairly new because I own property in Chicago, curre...
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Working on the analysis of my first possible BRRR. Any insight is appreciated. It is a pre-foreclosure 3 bed, 2 bath 2660 sq ft property. Hoarders lived here so tons of things everywhere and in need of a lot of cosmet...
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Hello BP,
New to the forum - here is a go at my first post. I have had a long-term rental (10 yrs).
I thought I was doing pretty well. That is, until I started reading posts in the BP forums. It has had a good ru...