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Hello BP community!So I currently have yet to purchase my first property, and I wanted to hear some opinions on my preferential strategy. After researching quite a bit, I have come across the niche in which investors ...
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Hello Everyone,
So I've just learned about the cash out refinance option while perusing bigger pockets forums, but I don't understand why you would want to do it. Using the following scenario I was hoping...
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I have just become aware that my tenant of over 7 years has been Airbnbing my studio apt. She has been renting it for a super low friend rate from me. I recently became aware that she has the place up for rent on Airb...
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I know the legal definition of taking a property “subject to” is that I would take over the payments of the mortgagor. I would not be liable if I could no longer make those payments.
How do the mechanics of this wor...
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I purchased land in Mountainburg, Arkansas at Crawford County. The land was owned by The State because tax delinquent. Cheap Lands firm came in possession of the land. I purchased the property from Cheap Lands and was...
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I have been a landlord for past 4 years. One of my rental became aviable this April. I met this mid age woman at the property and she seems nice at that time. Dressed appropriate for the showing, saying it would be h...
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So I just spoke with a guy at an investment company who told me that if I try to put a home under contract without personal financial backing, meaning the ability to personally fund the property I intend to put under ...
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I'm building a spreadsheet, and I'm stuck on a part I'm not quite sure on:
Basically, I'm asking if dividend recapture amount is realized only if there's a gain on sale, and if it's dollar for dollar (e.g., $1,000 i...
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I started flipping in Dallas earlier this year. To date, have completed 1, have 1 in escrow, and close on 4 purchases this week. Most are being bought in wholesale, some conventionally financed too. Wanted to hear exp...
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I was participating in a thread by @Sandra Holt who war generously sharing the acquisition of her second rental.Many congratulations and comments later, I asked one of the responders if he would explain a technique he...