Hi all,New here and looking into investing in short term rentals but have lots of questions. I have $140,000 in a ROTH that I would like to convert into a checkbook IRA and self manage both the ROTH and the properties...
My wife and I recently closed on a house in Omaha, NE at $155,000 using a conventional loan. Since the closing/move, I've read a few books including "Set for Life". So as it stands now we are planning on saving $1,500...
i am a wholesaler in Buffalo always looking to Network with anyone interested in the Biffalo market
I have spoken to two lenders this week and interest rates are so high compared to even a couple of months ago. In October I refinanced for 3.125 on a rental, in February I got a rate of 4.125 on a rental and now I’m b...
Hello BP -
When I look at note investing from 30,000 feet it looks like a strategy that would be very compatible with my lifestyle goals. I've done some initial research and understand the basics (e.g. PN, NPN, 1sts,...
Hello BP Community,Myself and a couple partners are starting a new flipping business in the Hartford area with the end goal of creating financial freedom through large apartment complexes. To do so, we are structuring...
Currently I'm looking at a multi unit apartment complex and I only have the ability to put 10% down including the construction loan I would need to take out.. I live in a rural low income area and would possibly be ab...
hello BP.Can any one chime in...i am wondering if anyone has had sucess in finding motivated sellers through CAM's. I figured they are managing these properties and may have insight on property owners that tha may ne...
We are just taking baby steps and God-Willing, closing on our first deal next week. Its a 2-family REO. We would like to form a corporation through which we would like to buy more deals . How do we get started afte...
Hi,
Can one of you walk me through how taxes work on an investment property?
Let's assume the following. 50k property.
Income - PITI = $910 in cash flow for the year
Rental income - (Intere...