Tracie Murphy
Hard Money Lenders and Gap Funding
Hello Bigger Pockets, my business partner and I are working on our first fix and flip deal for a SFH. We have contacted numerous lenders requesting 100% purchase and rehab and gap funding to cover all additional cost...
Rob Golob
Cap gain tax on primary residence if held less than 1 year
Please confirm for me.First time home purchase for primary residence in August 2020.Owner thinks its a good time to sell and sit on the sidelines. and will sell now and not roll the gain into another residence. Will ...
Olivia Pool
Gains exclusion on separately owned residence post-marriage
Hello all! I have read through the IRS documents in this subject and can’t come to a clear consensus. Here’s the situation: I and my spouse got married in our thirties and both owned a residence. We got married Decemb...
Trecia S.
Unmarried couple joint venture questions
I've looked through the archives and can't seem to find a thread that answers the questions to my specific situation. My boyfriend and I just bought our first rental property (SFH) cash and the deed is in both of our ...
Frank S.
Can I fire a contractor after he pulled the building permits?
I hired a contractor to remodel an old home, a total gut/new floor plan job. We are about half way through, the first round of city inspections should happen soon. However, during the first phase the contractor raised...
Jeremy Heaman
Challenges doing multiple flips in Canada?
Hello, I am looking at taking on multiple flips in the near future, and am curious how this may differ from doing 1 at a time. I am currently investing in Edmonton Alberta. Can you utilize more economies of scale? Are...
Myron Voorhis
Estimate rehab cost and time?
How do you estimate rehab costs and time? Do you roughly estimate or get very detailed? Do you leave it up to a contractor or handyman? How about if you do most of the work yourself?Do you add a certain percentage to ...
Lee Cruz
would you rather joint venture or BRRRR on your own?
Hi BpAfter months of researching im ready to dive in. I have the option to buy my own SFR to hopefully fix and refinance it or to partner up and get a couple multifamily deals. If i get the SFR id pull my equity out ...
Anna Washburn
Thoughts on changing Strategy?
With the interest rates on the raise, would it be better to stop flipping and change to buy and hold strategy?
Gabe Goudreau
Planning For Unseen Expenses When Investing In Rental Properties
Hello,
I recently listened to Dave Ramsey dissuade a caller from purchasing a multi-family building, and I believe he made several valid points. He said that one of the main issues is that the buyer didn't have the...