Jack B.
4 Single Family and 1 duplex, where to go from here?
Like the title says, I have four single families and one "duplex". I'm making about 200K in appreciation and 60K in cash flow and principle pay down. At this point I can move back into one of my other rentals and reti...
Alexander Alguire
First investment questions:4plex
I am looking at a 4plex in Phoenix as an investment property with the plan to buy, update a tad and then sell 2-3 years down the road with a good chunk of added equity. This would be my first investment property EVER,...
John Lim
Kitchen Consultant Podcast - Send us your questions!
Hi everyone - I'll be meeting with a Kitchen Consultant professional this week for a Q&A to answer any general questions investors, developers, and others in the BiggerPockets community might have about creating f...
Christopher Grgas
Investment properties in Beach Towns
Has anyone here invested in Beach towns in Ocean City, MD , Myrtle Beach, SC or Panama City Beach, Fl ? I’m interested In buying a property in a beach town and renting it out. Can you make a profit buying a property...
Jack Tucker
1st Owner Finance Deal- is 5% 20 yr am, 10 yr balloon good?
OK... been doing lots of cash deals, but never have bought an owner finance deal.I have found a quad at a good price.He prefers to owner-finance the deal for $75k at 5% fixed interest, 20 year am with a balloon at 10...
Wendy BK
Rent (24% return) or sell ( 75% gain )?
Hi,
I recently purchased a investment property and originally planned to rent out, which is why I used a mortgage instead of cash. If i sell it, I may make about 20k (rate of return is about 75%). And I can...
Tony Nguyen
What are my options when the balloon payment is due?
I am negotiating a deal right now where the seller is willing to carry 90% of the loan for me for 10 years. Is my only option at the end of the 10 years is to sell? My goal is to hold onto these properties to build my...
Brandon Addison
Refinance Strategy
Hello BP forum!I'm beginning the process of exploring real estate investment as a means to create passive income, but I'm currently in the researching phase. In attempting to learn about broader investment principles...
Matt Frey
Is there a 1031 exchange equivalent in Canada?
Hi,I have been trying to find the equivalent law in Canada of the 1031 exchange in the US. What I have found, under the income tax act section 44 and 44.1, Canadian's can have their gains rolled over into other proper...
Matt Fish
Seller Financing, Objections & Taxes
Hi Everyone, let's talk seller financing. I am becoming increasingly interested in asking for seller financing as a way of purchasing residential real estate for flips and rentals. I am curious of those that use this ...