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Under contract for a 3-unit mfr in Cleveland. My first purchase. Purchase price is 177K.Appraisal is 138K.I cannot make up the difference with cash since I'm already at the top end of my purchasing ability.Is ordering...
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I got wrapped into an informal partnership on a real estate flip project that we are about to sell after 3 months of rehab. We split the costs 50/50 and we are about to close soon. Since the partnership/deal wasn't un...
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Hello BiggerPockets family,I have finally decided to open a solo 401k to help me with my house flipping adventures. I think I am at a point where I have read so much and I have confused myself and started to blur line...
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Hi,
I looking for lots of advice. I dreamed up a state of the art retail concept store that is based around a outdoor mall retal. I am looking to purchase 80 acres of interstate farm land property in a rural area an...
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Location: Oklahoma
House: sfr 990sqft 2/1
ARV: 35-45k
Purchase price: 4k owner carry, will pay him after we flip
The situation: I have this house under contract with a 15 day option to back out.
This house had a m...
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Hey guys, have a question for the masses and any answer is helpful. I came across a foreclosed property for sale at 79,900. It's a 3 bed/1 bath approx. 1,768 sq. ft. now the comps. suggest re-sale value of the home...
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what's up with the house prices in oregon for God's sake? multiple offers on every house and even thousands more than asking price! how are some of these homes even getting past appraisal! where is the justice and reg...
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my dad sold me my grandpa's house. The plan was always that he wanted me to have it. How it worked out is ugly. In selling the house, my dad either was hoping the lien would go away, or he just didn't care if it becam...
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First time investor here. I hear it is ideal to get yourself a Real Estate "Support Team” before purchasing a property. Here is my list so far:
1. Real Estate Agent
2. Lender (possible using conventional loan)
3. ...
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Hi All,Is it possible to avoid capital gain taxes if I use funds from an investment account to BRRR a property and then return all the funds to the account within the same year? What if I leave some in the deal, can I...