Darion White
Pine Street Flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $84,000
Cash invested: $45,000
Sale price: $170,000
This was my first flip with a partner. I contributed by put...
Eli Keckeisen
Can I get a 5% down Arm Loan?
My partner and I have been researching real estate for a couple years now and are ready to take the first step towards financial freedom. We are looking to use either an FHA loan or an ARM to buy a single family home,...
Julio Gonzalez
Cost Segregation on RV Park
If a Cost Segregation Study had not been performed on this $3,000,000 RV & Boat Storage Building located in Fort Pierce, Florida that was purchased in 2020, it would have had first year depreciation of approximate...
Julio Gonzalez
Warehouse Cost Segregation Example
If a Cost Segregation Study had not been performed on this $1,200,000 warehouse located in Orange, California that was purchased in 2018, it would have had first year depreciation of approximately $10,225. Thanks to...
Anthony Walker
New Investors in Philadelphia Seeking Contractor Recommendations and Mentorship
Hey everyone!
Anthony here, my wife Chynna, and I are relatively new to real estate investing, but we’ve already taken our first steps by acquiring two multifamily properties—a triplex (where we currently live) and a...
Brad Dwin
5 Reasons You Aren't Closing More Wholesale Deals
(I decided to write this as a blog in Medium (awesome blog site for those interested in every subject on the planet), so I thought I would post it here as well. Part of my resolution to be more active on Bigger Pocket...
Alice Huang
First MF under contract! Commercial lending help please
Hello everyone,We just got our first MF under contract. Not sure how to approach it (re: funding, loan apps and etc)Here are the numbers:Total units: 7 (4x 2 beds, 3x 1 bed)Purchase price - $675,000Renovations - $20K ...
Kimberly Pratt
How to acquire and verify financial information from MHP seller?
I'm new and this question may be too basic but I created an account so I could ask it:)
With a lot of information I have read and gathered from this site and others regarding MHP investing I have started contacting s...
Tom Cotter
How to best utilize $175k of equity?
Hello BP,My current situation:I live in Northern VA, I have a rental property here with about $175K in equity and have my primary residence with about $60K in equity. (These numbers are base on my principal balance ag...
James Kandasamy
Tax rate for Flippers and Wholesalers
i was told by my mentors that the tax rate is very high for the capital gains for flippers and wholesalers compare to landlord. I understand the landlord part clearly, however does not know how much tax does a flip...