Hi BP gang,I find myself in a strange predicament. We are under contract for a house that had an advertised rent with an advertised rented out period. "Fully rented until 2016!" Yeah - I know - should have seen it co...
Hello fellow BP'ers,The wife and I are having our first not quite sure what to do moment as landlords. Background: We bought our first duplex in October 2018. We inhearited 2 tenants that were had been there for 3 yrs...
I just read an article on the Wall Street Journal https://www.wsj.com/articles/i... stating the fact that investors have responded to rising interest rates by pulling money out of real estate funds in record quanti...
A question – We are looking at wholesaling REO’s. We intend purchasing a REO’s in a llc and then selling our rights/interest in the llc and collecting our fee.
What we need to know are the steps involved in doing th...
First a simple question.. Is it true that Interest-only loans are only Commercially backed and more than 750k?Is Seller-financing the only other way? My perspective is that an Interest only loan would be among the bes...
I’m an Associate Broker in Syracuse, NY and this happened to me last week: I submitted and offer for a condominium on behalf of an LLC. The agent called me back and countered. My buyers accepted and we signed the d...
I'm more interested in holding out and renting out a property than I am flipping one, but if I did find one for a good enough deal and managed to get rid of it fairly quickly, what are the taxes like?
I suppose there...
There was a previous thread about " What happens when you want to sell your real estate business?"Most of the answers have already been given, so I'm starting a follow up thread with a different slant to some of the r...
I'm wondering if there are other flippers out there that are having trouble with their end buyers not being able to get financing due to the banks tightening of credit. I have two rehabbed properties for sale and I'm ...