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Hi All,I am new member living in the DC Metro Area, but I am originally from Miami. I have been on BP for a month absorbing a wealth of information and knowledge. Background: I bought my first property five years ago ...
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A little back story on my current situation. Unmarried, no kids and no current properties owned. I am an overemployed IT professional with an above average income from just 1 job. I am 100% remote and will never ...
I have several outside investors willing to provide a decent chunk of the equity for the acquisition of two multifamily apartment properties next to a major university campus. They do not, however, want to be underwri...
Hello BiggerPockets!
First off, thank you so much for taking a second to read this post! It is with a heavy heart that I am in a bind. Pretty much grasping and looking for a Situation Assessment from the kind souls ...
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What are good sources for analyzing markets in terms of number of rentals available, avg rents, time on the market, etc.....?
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I own a 3 unit multi family home in Upstate NY, bought in 2016 with a FHA 203k loan. Purchase price was $127K, renovations from the 203k brought the loan total up to $154K. The house was appraised by the county for $1...
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Ok, hypothetical question. Let's assume money wasn't an issue, maybe you won a lawsuit, or discovered gold in your backyard that ancient Egyptians dumped there 2,000 years ago so the vikings that were chasing them wou...
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Quick Intro, I have been lurking in the shadows here, listening to podcasts and reading books for the last 8 months. My end goal is to reach financial freedom through cash flow. I am actively seeking fix and flips wit...
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We've seen tremendous interest from investors seeking larger balance investment property HELOC's or home equity lines of credit. Understandably, investors are looking to tap or access increasing equity positions, many...
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Seems to me, reading the instructions for form 990-T, that UBIT only applies to assets held less than a year. In the instructions for Line 4a—Capital Gain Net Income, the IRS says:
Generally, organizations require...