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This particular nonprofit is paying 8% on 2.5mil loan for a building. The building is worth far more than 2.5mil given it's new zoning and location in Portland. If I had to guess the building is worth at least 10mil. ...
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Hello, I'm an investor in Calgary, AB, Canada and looking into the BRRRR strategy to diversify.....I'm sure most of you know the cap rates in my area are minimal at best. Just wondering if anyone out there knows of Ca...
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A bit of a backstory. A couple of years ago following the death of my father, my mother transferred ownership of a property in another state to me and my wife by way of quit claim deed. I did not put much thought in...
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Dose anyone have a mailer scrip that they have had success with for sending out mailers for wholesaling leads ie. we buy homes or cash for homes. I'm looking for something that you have had success with. In my reading...
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I am new in the note business and looking to learn the note business using money from my SDIRA. I have made a few acquaintances from BP and are hoping to JV with them to help me learn the note business. I am hoping ...
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Buying my first property subject- to the existing financing on property. Seller is the executor of original owner and has agreed to allow us to take over payments for 2 - 3 year term. With the loan in place, the sell...
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Need someone to push me over the ledge here.
Scenario:
-168k note at 10%
-20% down on the original purchase
-Borrower can’t qualify for a confirming loan and the note is ballooning in 6 months.
-Investor wants his ...
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Hello!I'm new to biggerpockets but have been doing a lot of research on BRRR by reading, watching, and listening. I'm ready to start getting out of the research phase and move into an action phase!I'll get straight t...
Hi All, long time lurker first time postingI'm about a year away from enacting this plan. I'm in Lubbock TX and planning to move in 2023. I own a 3bd2bath single family home 100% . I want to keep the property as an...
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Hi! I own investment property that I rent out and take my write-offs, but I just use my CPA to do the paperwork/return. What are the tax benefits to holding empty properties that hold little value? It sold for $44...