I bought my first foreclosure flip for 213k, put 25k into it (238k note), and now will sell for around 350k to 360k. After all expenses paid, I should net around 90k-100k. With the goal of buying and holding and doi...
I'm a relatively new real estate investor. My question is simple. Given my current situation, is it worth it to spend the money to hire a CPA to do my taxes. I own my home and one investment property which was rented ...
How has marriage determined your investing strategy? For example, I wanted to use A FHA loan to buy a duplex. My wife was not fond of the idea of someone living in the same house as us. I am in LEO and work odd hours...
I used an FHA loan for my first triplex to househack and after a year would like to use an FHA loan to househack another triplex. My mortgage broker told me I would have issues with this because the underwriter would...
Hi all,I have a little 2/2 duplex that i bought real cheap during the housing crash. It was a short sale for 45K. Currently i owe 35K on it. I have been renting it out the past 3 1/2 years. When the latest tenant mov...
So I threw the idea out to my father about BRRR'ing out his home to get a jumpstart with his investing career. He's got a very nice home in a Cleveland suburb that he owes roughly $55k on and it would appraise probabl...
Help!Good afternoon BP Community! I stumbled about the site and it appears to be a wealth of information and I am excited to bounce around questions in hopes that I will get some help. I'm currently working for a real...
What are the ways in which a deal can be structured to be beneficial for both parties in the following situation:I am interested in and have the capability to find a small multifamily (2-4 units) property in Georgia t...
I am preapproved for a loan for a rehab that includes rehab funds. I need to bring 20% to put down which we have, but I have a private investor willing to put in the 20%. I initially thought to pay him 1 pt per mont...
In the commercial arena I've been seeing many listings for corporate-owed properties with lease-backs. I'm curious why a corporation would want to sell-off their property and loose control of both their rent and an ap...