BP community, Earlier last week, I closed on my first investment property, a duplex for 330k (25% down, conventional loan for 30 yr @ 4.875%). One unit is currently unoccupoed, and the other unit has tenants until the...
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Hi BP Family,I have this situation and I wanted to know your thoughts... In November, my tenant sent me an e-mail saying that they were moving out on Dec 2, 2018 because they are buying a house. They said they were pl...
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Hi BP, Firstly I'm new to BP and to the idea of house hacking so please forgive me if this is posted in the wrong section. So I recently got divorced and my ex & I decided to remain in our current rental until the...
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I have been looking in the market to buy a duplex as my first home purchase but it's has been hard to find a cash-flowing duplex (calculated based on what I will get after I have moved out) that's within my price rang...
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Hi everyone, I am in contract currently purchasing an apt building. The sale is suppose to be an "entity sale" however I am a bit confused. My intentions are to purchase the LLC entity that holds the real estate in ef...
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Investment Info:
Single-family residence buy & hold investment in Saint Louis.
Purchase price: $62,500
Cash invested: $18,000
Section 8 home (rent 100% guaranteed).
SFH, 3/2
Did yo...
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Hi! I want to sell my SFH (purchased in May,2020) for an owner occupy multi family in NE Minny. How do I calculate if i should sell ASAP vs holding for 2 yr tax exception? I invested $20k into the DIY live-in flip and...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $695,000
Cash invested: $34,750
I am currently house hacking my first purchase and primary residence. I am renting ...
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Hello everyone, I plan on getting my RE License in a few months when I move to Sarasota, Florida but was wondering if this completely shuts out the door to wholesaling? From what I have gathered the reason this wouldn...
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Hey BP community,My name is Dan, and I'm currently planning the move to Indianapolis this fall to begin my RE Investing career. I'm getting my Marketing degree, and Indianapolis is full of opportunity for my 'trade,'...