Hello everyone... I recently set up and have moved money into a Self Directed IRA. I initially thought I would loan money on a short term basis to a group that bought, rehabbed and sold properties, but discovered oth...
Hi BP community! I own a long-distance property and the current tenants will be vacating at the end of April. I'm planning to do some minor repairs, such as new paint (same colour) and replacing carpet with laminate i...
Hello BP fam!I wanted to create a forum to hear from you on what are some of your favorite creative financing techniques?Feel free to share!
I've been seeing a lot of YouTube videos and real estate gurus saying that the subject to loans and wraparound loans are great tools to get off Market properties. It seems a little dicey to me but that may just becaus...
Hi all,I am considering doing a 1031 Exchange of my Duplex Rental Property which has been straight line depreciated for 25 years. with an existing loan of about $250K.1. If I understand correctly, the depreciation cap...
I’ve been researching subject tos and I just just wondering, does subject to benefit the seller in anyway other than getting the mortgage liability away from them? The way I heard it explained is that you take over th...
Hello BP community.I currently make 125 k a year and I own 1 property that is performing well as an STR.I dont have the upfront cash to purchase another for a down payment but my parents are interested in financing my...
Do you do it the same as you would for a single family home? New bathroom adds $X value, new kitchen adds $Y, etc.
I have a motivated seller, who is free and clear of a mortgage of $16,000 and is firm on selling for at least $10,000. The house is actually in descent shape with the only problem being an unfinished backroom and the...
I am looking at a large multifamily in ny. How do you evaluate value? Use comps? I don't see any. I looked at findcompsnow, redfin, zillow. I see a list price for $3,000,000 and I want to know how he arrived at tha...