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I own a lot currently worth about $850,000. I want to sell it for $1,75 mil with a contingency that I would design and build a house on the property to suit the purchaser. I would ask a down payment of $300,000 follow...
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I am looking to do a cash out refinance on a property that has a lot of equity into it. Probably gonna pull out $75K. What are the tax implications on a cash out? Is this taxed like a regular income, capital gains, etc?
Hi All,Would really appreciate BP community's help here.We have an investment property in San Jose, CA. The house has a detached garage with a side storage room about 180 sqft. All record indicated that the detache...
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We are looking to buy a 2 family home in Westchester, NY. City records state it’s a code 220(2family) but in reality there is a 1st, 2nd and 3rd floor apt. All 3 floors have different entrances and they all have their...
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Hope this is the right forum to post this. Currently in escrow on a home in CA that has a permitted additional 1bed/1bath (separate entrance) with an unpermitted kitchen, as well as an unpermitted studio garage conver...
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Secured my 1st Investment property to be rehabbed and flipped but I’m kind of curious as to the construction side. Should I have a contract with my contractor and what’s a common contract if any?
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We signed a contract for property in Dallas area with $600 as option fee. During appraisal we found out that the Multi-family property was only 4500 sq. ft instead of 5500 sq. ft mentioned in MLS Listing. Obviously ba...
Hi BP! I need your advice. I put down a $5k deposit on a Fannie Mae owned property and they do not want to refund it. It's my first investment property and the plan was to purchase with FHA, renovate, occupy, and sell...
Hello all! I am looking to rent out my Condo (in Minnesota) for the first time and would love to hear from experienced landlords that have already been on this journey. While I am pretty confident have everything I ne...
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Hi All!I am having a hard time finding deals that make sense. I know most BRRRRs won't pencil upon refinancing because of the high interest rates, but I also wanted to make sure I am not overestimating the expenses th...