Hey BP, and particularly Baltimore folks - Another BP member, @Kenneth Futrell , and I are thinking of doing some work together on a tax lien that he purchased. We had a couple questions and were hoping some folks who...
Hi all,
I'm in process of purchasing a buy and hold property in Memphis but I've been informed by my Realtor that closing cost could be as high as 3 - 4 % for lower priced homes in $100k range.
Can anyone confirm ...
Tax deed properties earn 12% interest. Should a interested party (past owner or mortgagor) seek to redeem the property with right of redemption. They must pay back what was paid to the county for the tax deed. the co...
Is it normal for NQM lenders to charge 8% closing costs for purchasing investment residential 2-4 SFHs?
We purchased a first position NPL on a single family home in Charlotte NC a few years ago and did a loan mod with the borrower. He was paying consistently until last Spring where he missed 2 months of payments then st...
I have a little over $20K in a old 401K. I was going to role it into a SD IRA but after talking to one adviser that works with SD IRA's she's telling me not to do it as its not much $$. I would like to this case tow...
I'm in massive research mode for first STVR investment. Feel I have a pretty good handle but surprises still come up! I am looking at an area that has a 6% hotel tax and 7% sales tax. I have been putting these nu...
My wife and I have the strategy of owning investment properties under LLCs formed in the state each property is within and want to place all these LLCs within the ownership of one holding LLC. We live in California i...
What do closing fees include? I’m about to purchase not only my first BRRRR investment, but my first house EVER! And is it common to split the closing fees with the seller?
What are ALL of your expenses on multifamily properties? There are many common ones such as mortgage, utilities, cap ex, vacancy, landscaping, and more, but I was wondering if anyone had dealt with even more specific...