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Here is a scenario I would like some Intel on from somebody more educated on the topic than myself.W2 Employee in the 35% tax bracket, purchased an apartment complex in 2019 for $2.5mm under and LLC. You value add the...
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SDIRA experts chime in: So I'm looking to make a loan on a performing rental property owned in an LLC. It already has a first mortgage (at around 20% LTV), so a lot of equity. 75% of the $$ would com...
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Looking at a 5 acre parcel for subdivision for new residential lot development. About 20% has 100 year flood plain. Anyone have experience modifying an existing FEMA 100 year flood plain and incorporating it into the ...
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Hello Bigger Pockets,I'm hoping someone will have some expertise to share. I'm trying to help my Dad (who is a dual US/Canadian citizen living in the US) sell a property that is located in Canada. It appears to me fro...
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I am looking for some input. I'm in Long Island, Ny and looking to start flipping houses. However, Ive been out of work for over a year due to injuries from a pretty bad car accident. I was running my own home improve...
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Hey All,I have an apartment complex under contract that the seller is willing to carry back the down payment at exceptionally favorable terms. Does anyone have any commercial lender connections that will allow the sel...
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Hey everyone,
So I have been reading and researching for about the past year. I am super motivated to begin my real estate journey! I am active duty looking to get out around the end of the year with my husband who ...
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Multi-year tenants who pay the rent on time make your rental business much more profitable than changing tenants frequently. Do your tenants think you are a good landlord? What do you do to show them that you are?
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I wanted to get some advice on the following opportunity.I have an opportunity to purchase a condo in a good location and whose complex overall has had a historical vacancy rate of about 5%.Single family homes in my a...
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Hello my name is Bruce Thomas here in Edmond, OK. I just signed up on yesterday. I am looking to purchase an apartment complex (100+ units) in early to mid next year. I am so glad I have found this site. I don't like ...