Denver Chavez
BRRRR VS Renovation loans
Hello BP Community,I recently purchased a single family property with a conventional loan that I'm currently developing (In the planning stage) into a 3-4 unit property. I'm trying to decide if I should fund the renov...
Carolina Mejia
Take a 2nd look please? My first official offer going might be going out today!
I have found a property that is a SFH with a duplex on the same lot. As a LTR all three units, it cash flows $800~, as a straight Airbnb STR (estimated 30% occupancy: 10 nights a month each unit) it cash flows $1937, ...
N/A N/A
Determining ARV
Hi all,
My partner and I just started our L.L.C. and are jumping straight in to real estate investing in Philadelphia. We just threw out 10 lowball offers, but nothing is under contract yet. One of the biggest probl...
Sathish Subramanian
Sell your Primary turned rental to your LLC
Hi,Most likely this question could have came in the past, just could not find a straight answer. Hoping some of the experts here could answer or point me to right thread if answered already. Okay the situation is I m...
Lynae Mamey
High credit should I get FHA loan
Hello,
We want to purchase a duplex but a lot of the options require at least 15% if we want to house hack or 20-25% if we buy as a straight investment property. To get around the capital needed for the down payment...
Arnie Guida
New Roof, Expense Or Depreciation?
I would imagine I have to depreciate it... but the bill is separated into materials and labor.Depreciate the materials but expense the labor?Thank you,Arnie
David London
Precut Countertops PA NJ
Does anyone knows a place in Pennsylvania or New Jersey which sell Precut Quartz or Granite Countertops?While googling I found a surplus building material store in Dallas TX area who sell it and it seems like a great ...
Nathan S.
Finding a loan
Hello everyone,
I am very excited about starting to invest in real estate, for years i have been saying i will start and this and that. Well now is the time i am ready to finally get into action and kick this...
Miguel Sinclair
The situation at hand
Here's the situation and I need advice to bring to the table within the next few days. Myself, my brother and my father in-law have decided to form an LLC and flip houses. why? I have a full time job but a lot of f...
Val Csontos
IRS says: No Capital Gains Tax for You if you sell your section 8 rentals!
There is a catch of course, but that is normal when dealing with the IRS. However if you have a long time Sec 8 rental, and you wouldn't mind to sell at ZERO Cap Rate this is your lucky day!!Read the details on this ...