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Hello BP community, we have done a couple of 1031 exchanges into apartment buildings. Next year, we would like to sell one of our smaller properties (a 4-plex) and do a 1031 exchange to defer capital gains taxes. As e...
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Hello BP fam, name's Ty. First post.Here to seek the collective wisdom of BP to help shorten my learning curve and minimize painful mistakes. Here goes (thanks to Chris Mason btw for this template):Short Term Goal: To...
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Hello all! I'm an Ohio native who's primarily invested in Detroit, MI and doing acquisitions for larger funds doing 5-7 deals a month. I'm wanting to replicate this in the Cleveland area. If anyone has some insight in...
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Good morning BP, i wanted to know if anyone has used a fha 203k loan to flip a property. If so what was your experience like? How fast was the bank paying out for work needed? Any stories would be nice. thank you
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UPDATE: Admin please delete other topic/subject line. Hello all! So I'm in a bit of a fix. For the past few weeks I've being trying to figure out what to deal about getting my first duplex. The problem is...I'm only q...
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The owner-occupied FHA loan offered by the government is one that is extremely useful for new real estate investors to purchase multi-family homes. Recently, I've thought about the possibility of gradually growing my ...
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Is it possible to get a conventional loan for a duplex? I am looking into buying one, but the lender is wanting 20% down because it is viewed as an investment property. I thought I heard you can get a conventional loa...
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Hello team!We all hear the jokes on the Podcasts, but I've heard some "interesting" things about the market in Michigan, Detroit specifically. Anyone with boots on the ground and 1st hand knowledge? Can you confirm or...
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can someone please inform me about lien flipping. newbie here searching for a way to feed my family
I bought a 3/1 1300sq ft house for LTR in May 2020. Due to personal issues we are completing the renovations now, 9 months later. I have 3 potential tenants lined up. However in the meantime my market has exploded. Si...