Hello! I’m pretty new to real-estate investing. I have one property that was silly easy to work with because my partner got it from his family a decade ago for a fraction of what it goes for today. I’m looking at gett...
I have a contract on a single family residential property located in South Florida intended as a rental unit. It was constructed in the 1950s. I ordered a standard inspection and the inspection firm immediately reco...
Hello BP,
I am currently looking at getting into multi-family units (2+ units). I currently own 3 SFR's and am under contract with selling one here in Boise, ID. I will have approx. $365K to put toward my next invest...
I am wanting to borrow a substantial amount of money, about 1.5 times my total net worth, from the bank in the next couple of months to purchase some turnkey rentals. I have heard that a lender will typically only lo...
I would prefer to start out with 5 +plus unit's, but my net worth is basically just that $250K...any suggestions? ...or will I need to begin in the 2 to 4 sector? If commercial, I plan on to include a notable manageme...
I have a closing on 1 Sep where I will net $10k, then another closing for a property that I am purchasing for $45k on 16 Sept. My question, is it worth the effort and expense to do a 1031 for the $10k from the first ...
I have an opportunity to purchase some land through owner financing but the owner wants a 5 year note, 5% interest rate and $30,000 down. It's a $150,000 piece of land. If I were to turn around and wholesale it to a...
Are there any closing costs or transfer taxes associated with the purchase of a note?
I’m under contract for a property 100K less than upgraded properties in the same area. However I’m running into the following problems:1.iron cast plumbing. House is almost 60 years old. Replacing it would run about 2...
I have a real estate agent in eastern TN that wants to charge a 10% commission to sell bare land. Isn't 6% standard for any type of real estate or is it normal for that to flex depending on the type of property being...