Adam Juodis
Property noted as 4 unit, but 5 different apartment units?
I am looking at a 4-plex, and got some additional information that wasn't on the MLS from the selling agent today. It's a 3BR and (3)2BR 4-plex. The current owners split the 3BR unit into a 2BR and 1BR with separate t...
Account Closed
Wholesaling
Does anyone have any first success deals they want to share when it comes to wholesaling?
Grant Waugh
Short Sale Closing Costs
Hey BP! I have my first RE offer in on a short sale and after a few months, it looks like the seller's bank may finally be approving the sale. I put in my offer at 103K and the seller's bank's appraisal came in at 95...
Joshua Steven Ferrell
Best Structure for Partnership?
Hello all,What is the fairest way to partner with someone with the following situation? Two friends want to purchase a rental property together. Both have capital to invest, but one person is going to take on 100% of...
Alex Flaugher
Bringing on outside investors for the first time
I am wanting to bring on investors for the first time in a multifamily property. Here is what I am thinking:$1,000,000 cost and putting $200,000 down. If I bring on 5 investors to fund the deal, how should I structure...
Arturo Cooks
Partners
I currently do not have enough established credit for bank financing, I met a local investor willing to do a lease purchase agreement for several of his properties.While having a conversation with my dentist, he said ...
Ashley Williams
Savannah Real Estate Investment
Hi, I'm somewhat new to this forum and this is my first post. I'm new to the world of real estate, but I've learned a great deal of information in the past 2-3 months, mainly through my attempts at finding a house to ...
Bob Willis
Partner structure - want to be fair
Hey All - I have an opportunity to partner with someone on a flip. This person would provide the construction and project mgt portion of the deal, while I would provide the financing (and some labor). Is it fair to as...
Brian Pellerin
Advice on Multifamily Partnership Structure
Hi, I do SF rehabs and rentals, however, an acquaintance has suggested that we team up for a MF deal. He's already got 4 properties with 32 doors and a management company. I'm seeking advice on how to fairly setup...
Joshua G.
Tax Help - Owner-occupied duplex in Philadelphia
Hi BiggerPockets friends,I purchased my first duplex in Philadelphia last June and am looking for tax guidance. I live in one unit and rent out the other. Does anyone have any experience with which deductions/credit...