In search of some clarification re: 1031 exchanges. If my parents are selling an investment property for $1,000,000, and they'd like to purchase a single family home for $1,200,000 to rent to me at market value, is i...
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Check out My Latest DSCR Loans FAQ Article for BP! Crafted the FAQs and Answers based on some common questions I've seen here in this forum, hopefully this can continue to help educate on the product!https://www.bigg...
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Hi BP Community,Is common for folks to purchase short sale homes and flip them for a profit? I see tons of short sales in my area and wanted to inquire.Thanks,Michael
I have a few questions about hard money loans for property going for auction. If anyone has any experience please let me know. This is my first time trying to buy a property on auction.
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I was just throwing ideas around in my head and was thinking... Has anybody ever heard of a strategy along the lines of:1: Showing homes in need of repair to potential home buyers2: Have the potential homebuyers tell ...
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My husband and I are about to make an offer on a second investment property (our first in Florida) and we requested insurance quotes to help us determine the numbers. This is a multi-unit property with a main 3/2 ...
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Is there a good reference book that shows the formulas and methods for analyzing real estate deals? I know that the calculators are on BP but I want to understand what goes into the analysis for various strategies. ...
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Need some advice on a scenario I am working on. If I purchased my first home for 5% down - 275k @ 2.4% for example sake... what happens if in year 2 of my five year fixed mortgage I am looking to move to a new princip...
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with all the innovative ways BP readers make money anyone concentrating on this exciting area of creating wealth?
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Hey all,I'm currently looking to buy an owner occupied duplex as my first property. However, I'm finding that most places in my area (Eugene, OR) don't even hit the 1% rule (did this used to be 2%?) and do not cash fl...