Hello this is my first time on bigger pockets Im interested in buying and running multi family apartment buildings i know very little about how it works i came across the bigger pockets podcast and this seems like a g...
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I know that with flipping properties, the profit generated is taxed as ordinary income. And it can significantly increase one's marginal tax rate.Other than the basics of running a business (operating as a pass-throug...
Before 1957, there was no industry or investing arena defined as residential real estate investing. Individuals owned their own home, or a duplex in which they were both owner occupant and landlord. Real estate inve...
Hi BP! I'm looking to do my first fix and flip deal in a new market, Upstate New York (Hudson Valley areas). I have rehab experience with SF long-term rentals in MI, but it has been a few years since I've been close t...
Doing my first cash out refi. 3.875% 30yr lower fees.Question how long should underwriting take? Good+ credit, with lots of equity, w2 income for 2 years. The entire process is about 17 days in from loan application. ...
Does anybody know if you can do assignments on REO's in Maryland and DC?
Got a 2 acre lot under contract but according to the seller the land is undivided with a larger 12 acre lot. When I look-up the tax info his name comes up as the owner and it's free and clear. Has anyone ever had an i...
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $3,080,000
Property Overview
• 30 units (5 buildings)
• 96% occupancy
• Below market rents by $200+
•...