Mikael Winkler
Value of a New Build More Than Cost to Build?
Hello BP!I have a general question about building single family. Theoretically, as long as one is buying in an appreciating area, would the after-build value of a new build single family generally be higher than cost ...
Ronald Jones
What needs to be considered when contemplating buying a business?
BP, this is not necessarily a REI question, but here it goes. What are some of the things that one should consider before deciding to buy a business? In particular, a friend was approached about buying an existing dr...
Wendell De Guzman
How to Have Too Many Deals Even in A HOT Market
Finding good deals is becoming more and more difficult in today's market.Rehabbers are fighting over properties and margins are becoming thinner and thinner.During dinner last night with an attorney who is well-connec...
Dominick Iacovone
Double check on numbers and maybe a kick in the butt needed
First time posting here. So if this is the incorrect section let me know. Quick overview, own a condo bought at $132k in 2015. Paid off condo and built new home, still own the condo. THe condo has appreciated to just ...
Account Closed
Getting started in Hunterdon County
I am totally new to the real estate game but am looking to get started in the Hunterdon county area (close proximity to work). I am hoping to start with multifamily homes (house hacking) or with a small single family ...
Kevin Mehner
Creative Financing on a 25 unit
Hey all,I'm looking into buying a 25 unit complex.I currently just own a 4-plex, so I'm new to this size of investing. It is listed for $2,000,000. The long term play is to buy and hold. Obviously because this is bigg...
James Tiu
Portfolio loans and private non-recourse loans
Hello BP!I will be refinancing a duplex in San Diego. The loan balance is at $420k. The appraisal value in 2018 was $650k. I would like to purchase another property in San Diego with my brother-in-law. With 43% DTI, w...
Afia Amponsah
To Cash out refinance rental SFR to reduce duplex payment or not?
I currently own a 2-bedroom townhouse in Clifton Heights, Delaware county pa. I have no mortgage on it. I also own a duplex in philadelphia that I bought in November 2020, current balance $296,500 that I live in with ...
Micah Epps
How are elements of BRR taxed?
Let's say my wife an I are general managers of an LLC who buys a single family home. The contract price is 100,000. We put 20,000$ of materials and labor into it. We then rent it out for 12 months and cash flow 10,...
Ryan Jones
$200k equity in home 2.75% int. rate - HELOC for stock investing?
We put $200k down on our home two years ago, 15 year 2.75% fixed rate. (really for peace of mind because I know I could earn more elsewhere) However, unless Trump is impeached this year, the stock market will probabl...