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Hi all,Wanted to share my first deal. I did the BRRR method
Purchase Price: $92,000
Rehab: $35,000
ARV/final appraisal: $175,000
Doing a cash out refinance and was able to get 75% of the ARV. Since I only needed...
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I was forming a reply to a thread "when does someone become rich" and realized the thread had turned to a discussion on taxes. I decided to start a new thread, just on that subject.It has been a huge concern for me th...
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Ask them when the last time they took a course in tax theory was. A CPA is not required to take any CE in taxation after they have their license... So please do your due diligence as well. I know some very good CPA ...
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During this whole Covid19 epidemic my 401k investment firm is offering that they will waive the early 15% penalty to pull out up to 100k with no payback. I know there will be taxes due in doing so but I have never see...
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I am coming up 20 years in the Army. Preparing to retire. Have paid down all debt except 3 mortgages and one vehicle. The plan was to retire debt free with exception of the vehicle. With the current COVID pandemic, T...
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Hey everyone, this is my first post on here. Just looking to confirm my fears that Trump's executive order today did in fact ban evictions across the country through the end of the year? is this what everyone else is ...
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Hi All,Thanks for making Bigger Pockets a wonderful community where I learn something new every day! I was hoping to get some advice about portfolio lending for single family rentals. To give you a quick background,...
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I needed to do a cash out refi in order to consolidate my second loan into my primary loan. If the rates were to drop significantly in the next 6 months as I believe they will, I plan to do a rate n term refi in the ...
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Good morning BP,
Okay Flippers, what trends are we seeing in your markets right now?I am based in Atlanta, GA and we are back to bidding wars!Average DOM as of last month is 41 days with a median sales price of $415k.
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Hey everyone,Tax question regarding an inherited, traditional IRA.I am a non-spouse beneficiary which was listed in the will of the deceased. Therefore, it does not have to go through the estate and probate period.My ...