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I'm asking as an HOA president. Our HOA foreclosed on the property, the house went up for auction with a starting bid of about $45k, nobody bid (presumably due to the the unknown 1st mortgage amount), then the propert...
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I graduated from college in May and I moved to Chicago shortly afterwards to start my job. I have constantly been looking for deals in Chicago but it is very difficult to find cash flow in areas that I would want to b...
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Hi Guys! I have a question that may be logical, but since it's dealing with notes, I don't want to make assumptions. If a home has high equity, and let's say I purchased the 2nd, while someone else owns the 1st. If th...
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Hi, BP Community!My wife and I (we're from NYC) and fell in love with a house in Long Island, NY, that we would like to purchase—with financing, in case this matters to the discussion—as a summer home for us and our t...
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Hello everyone. Can anyone help me with information using your IRA (Roth) for real estate investing? Specifically, can you setup a self-directed IRA and use that money to invest in your own real estate investing, say ...
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Hi everyone,
Another new Cbus investor here. My wife and I just moved to Delaware, OH from the DC area where we own a rental condo and we're looking to put our money to use here in central Ohio. I've appreciated the ...
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Question for all you tax experts…..I sold a house using seller financing about 5 years ago. Not a contract for deed. Basically I was the mortgage lender. The buyer of the house could no longer afford the house s...
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Hey Everyone,
I know this topic has been covered a million times over, but I want to hear peoples opinions for those who manage multiple properties. I manage 30+ luxury STR's in the Greater Palm Springs market. ...
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For house hacking on multifamily, can a family member occupy the property as a proxy (children of owner)How do the law ensure owner occupancy?I am new to REI so weighing in various options and thus stupid questions
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Hi BP,Just bought my first rental property (3units) in Bakersfield. I'm with a major insurance company and been asked to add the PM I'm working with to the insurance policy as an additionally insured party. Ins compan...