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Hello all,I have a unique situation that I am seeking advice for. I will keep it short and to the point.A close friend of mine desires to sell his town home to me for his current mortgage balance (90k). The home was...
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I am looking at an off market deal which is a duplex. The owner needs to sell because they are in a financial crunch. In the short term she was also considering leasing it because of her desperation for Money.
The ...
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Hi there I have a new construction house (3bd/2bth) I purchased / signed contract for closing this month nov 21st. I was originally intending to rent out my current 4bd/2bth property for which I have a offer from open...
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Hi All,I am new in Bigger Pockets, but so far I am loving the community. I am a new real estate investor and would like to have the feedback/advise of seasoned investors in the following case:I own a Condo Apartment i...
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Alright so to start I want to give you some background. I have worked as a bartender for the last 8 years of my life. Paying off all debt and saving money. Recently became a real estate agent. Closed a deal in the fir...
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I thought this may be an obvious, but interesting and useful topic to start. I have my own scenario that I am curious to see what you all would consider doing should you have found yourself in my shoes.25 years oldLow...
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I have a sfh rented at 2000/mo. It costs me 2500/mo. (Im paying out of pocket 500/mo). I have 100000 in equity on the property. Refi for positive cash flow, or sell?
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Hi everyone!I've owned 2 Detroit rental properties for about a year. I'm thinking about selling one of them to fund the down payment for a FL duplex.I'm wondering if you would use a 1031 exchange for this type of situ...
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This is a complicated situation and sincerely hope everyone can give me some advice on what to do next. This is a long story but going to quickly summarize it below.
I purchased a property in Philadelphia on Sep 2017...
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I posted this on the landlord/tenant forum but also want some input on the Philly sub as the property is located in Philly. Mod - feel free to remove if I am violating any rules. Apologies in advance.This is a complic...