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I'm finding this forum really really interesting however a lot of this information isn't applicable to NY Metro area where the 50% rule or even say 20% isn't possible and just won't apply and seems to be more fantasy...
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So I have a highly motivated seller who has 2 mortgages.1st 219,0002nd 58,000 both at 5.3% =277,000 property needs 20,000 of repairsARV IS 310,000 she's willing to bring some money to the table to get out of property...
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I'm doing a private lending deal where the investor (and the property) is located in Missouri, and I'm located in Kansas.
Living in Kansas City, it's common to do business across the state line and I have a f...
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The IRS announced on today that they're postponing the deadline for all individual tax returns. Returns that were due April 15 are now due May 17. The IRS says it will issue formal guidance in the near future.
The ...
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Hey BP fam,Calling local Austin investors who have built either a tiny home on wheels or detached ADU in the back of their SF3 SFH to airbnb!Would love to learn more about why you decided to choose one type of build o...
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I made a mistake!My wife and I recently purchased our first small multifamily property which is our 5th rental real estate purchase in the past four years. The property seemed to match all of our criteria and gross r...
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We are under contract for a beautiful SFH in Chicago. But during attorney review see that the house is zoned for multi unit. We think the sellers bought it 6 years ago as a multi-unit, did some renovations and have li...
Hi All,My name is Luke. I am totally new to real estate and am trying to gather as much information and learn as fast as possible. I own my own business but there is just something intriguing about buying, renting, fl...
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I have heard of investors getting Fannie Mae loans, but I just thought these was for home owners. How do I go about getting a Fannie Mae loan for a house that I want to flip and what type of interest rate can I ge...
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Hello all! I'm currently selling a primary residence that has appreciated nicely and am looking forward to investment properties as a way to provide some schedule freedom and flexibility for my family. I'm reading, ...