Hi everyone, I'm a newbie investor just taking my first steps toward making this my new business. I've been a web applications developer for the last 12 years, and I'm really excited to mix my tech skills and entrepre...
Hey BP, Need a little help hereLet me know what you think of my numbers. Am i leaving anything out and would you guys go for this deal or turn it down and why?I have a duplex under contract in East St. Paul MN that I...
We are reading and studying about buying properties saddled with tax liens... as this sounds promising, I'm sure there are hidden risks. Any advice or experiences are welcome. Thank you.
So an experienced CPA recently told me that essentially all costs incurred prior to placing a tenant are considered to be acquisition costs and get written off only as depreciation. Is this true? I'm sure he knows wha...
Hi BP,Where can I see the current rates for fha, owner occupied loans. Is there a website to follow these rates?Thank you.
I am about to purchase a 3 bd/2 bth 1498 SF property in Indianapolis. Pike township.Purchase price is $119,900Rent: $1,17520% down + closing cost: $26,858Principal + Interest (4.75%): $500Property Tax: $200Insurance: ...
I have a home equity loan out for ~$98,000 with the property being valued at ~ $215,000I realized there was a ton of equity sitting there so I decided to apply for a cash-out refinance...during my 30 minute phone appl...
Hey BiggerPockets,
I'm interested in doing moderate rehabs on SFH's with the end goal of listing them as rentals. I've recently discovered an off-market deal that meets all of my criteria (estimated purchase price +...
I am about to write an offer for a Bed & Breakfast. I would like to know the "right" duration for the main contingencies (and whether I need to add more contingencies to be safe)1 - Inspection contingencies: how l...
Hello everyone ! I am a newbie and looking to connect with anyone in New York. I am looking at the market at Huntsville, Al currently & I am ready to take action so if we can learn from another I would appreciate ...