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I have roughly a $100k/year taxable income between w-2 and some self employed activities. I want to buy rental property, but my accountant says that I can only take up to $25,000 in losses, but thats only if your inc...
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I was approached by my grandfather about purchasing his property in Southern NJ. He owes $75k on a HELOC (3.25% that matures in 2022) and is ~$5k behind on taxes. He's getting older and just wants out from under it al...
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Complete newbie to the warehouse world, so I am hoping fellow BPers can point me in the right direction and start asking the right questions, point me to the right people, podcasts, and books that can help.I am consid...
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Hello all!We are new investors looking to start our real estate journey in the next year or so. We will only be starting with about 20k-30k and we had originally planned to start flipping houses to build capital quick...
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Hey BP! - This is a question for the buy-and-hold multi/single family home members!I'm a new investor with a career in CPG (consumer packaged goods) sales and distribution. I have a set of essential equations to evalu...
Please help, I am considering an investment in a 4-unit university type housing in Col umbus . I'm not a PRO member, so I can't post the deal analysis, but here are the details:$350k purchase price$2500 in deferred m...
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Relocating to Raleigh, NC this July! How’s the market for first time investors? Fuquay Varina is where I’ll be! It’s been a little hard to find duplexes or multi family.
I have a deal but i cannot come up with the down payment, does anyone have any ideas, i asked 1 hard money guy he was like we don't give the down payment. i look forward to your responses. Thanks Al
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Say you had 100-150k to invest right now (as a downpayment) in multifamily (2-4 unit) or even more..where would you invest? Or would you even? Taking into account positive cash flow, maybe slight appreciation, landlor...
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If you have used a HELOC as a down payment do you calculate the monthly payoff of that draw as an expense when running numbers on a potential deal? Example: expenses+mtg+HELOC= total expenses. Initially I have been do...