Robert Norvell
Stuck in a flip
Quick rundown of the scenario: I bought a house outright 1 year ago to fix/flip. At that time I had excellent credit. I paid cash for the house and used credit to pay for the fixing. 1 year later the house is done, bu...
Lisa Price
New member from Columbus, Ohio
Hi all!! My name is Lisa and I currently reside in Columbus, Ohio.I grew up watching my parents investing in RE and becoming longtime landlords and I witnessed many positive and negative experiences they went through...
Sean Morrisey
I got a $1M offer on a 16 unit building and I need to 1031...help
Received a $1M offer on a 16 unit building that I purchased back in March - leaving me with a nice profit.However, I am expecting 30% in short term capital gains between the state and federal and a prepayment penalty ...
Justin Richardson
The ins and outs of bidding on a foreclosure at auction.
Hello All,I'm new to BP and wanted to introduce myself as well as hopefully get some advice since I am just in the beginning stages of pursuing REI.I work as an engineer and am currently enrolled in a MBA program at t...
Thomas Berridge
How much did you spend on first deal?
Just trying to get a feel for what price brackets most started out in? And how did you finance your first deal? Also, is it possible to fund a deal with an IRA and not be penalized for taking money out? Between credit...
Mark Caiazza
New member in Great Falls, MT
Hello BP community,My name is Mark Caiazza, I'm originally from Rochester, NY and joined the US Air Force in 2001. I purchased single family homes at my last two duty stations (Las Vegas, NV and Fairfield, CA). I am n...
Jason Krasavage
Making the jump from residential to commercial multi family?
New investor here looking for advice on moving to commercial multi family for our next property. We started out with a 4 unit last year in HCOL that has been going extrmerly well. I was hoping to try and go 8+ units f...
Mat Yuriditsky
Best BRRRR cities?
I'm currently prospecting for a BRRRR in Birmingham AL. It seems like a tough strategy in this area. Any suggestions on better cities?
Ryan Nguyen
FHA LOAN Incorporated "WRAP MORTGAGE"
After leaving a real estate workshop "No Money, No Bank, No Credit" They mentioned this idea called Wrap around.
If people do not know , this is basically you as the seller, giving the buyer the ownership of the hou...
Harri Smith
$ 2.0 million complex
Hello
There is 2.0 million $ apartment building for sale and they claim to NOI to be 142K/year. How can I analyze an apartment complex assuming I give it to a management company?