B Cory
New Wells and Chase Approval Letters
Spoke to my attorney today, who represents many Short Sale Investors, and he informed me to clients of his last week got either approvals or affidavits (can't remember) from Wells and Chase requiring the buyer to sign...
Winniferd B.
Should I Pass
Selling Price 31K
ARV: 64K
Repairs: ~ 10k
I'm trying to wholesale this. What do you think?
Slaughter Paul
Newbie investor: Creative financing
I am shopping for my first investment property and I came across a duplex that has been on the market for over three months. The asking price is 210k but my agent says it’s only worth 180k in its current condition. Th...
Prabesh Giri
Adding stocks capital gains in the BRRRR stratedgy
Hello. I was wondering if anyone here uses capital gains from stocks to invest in buying rental properties? Here is the process I am thinking:Invest in stocks —> use the capital gains to buy the property —> Reha...
Andrea Descargar
Investments in Royal Oak, Brighton, and Ann Arbor Michigan
Hi all,Just starting out small until I work my way up to apartment complexes and commercial units. For now, I'm analyzing condo rentals in the Brighton, Ann Arbor, and Royal oak area. Any thoughts or suggestions on co...
Brady Aman
How has flipping changed for you?
Being in the real estate world it appears to me that flipping has changed for almost everyone. The interest rates have spiked. It is much more difficult to find a house that is going to provide you with positive cash ...
John Anderson
Development beats high interest rates
High interest rates have evaporated most cash flow opportunities. A severely low housing stock and unmet demand means that development is a promising strategy in this environment. Whether it is land development or ve...
Jeffrey Schechter
Purchasing second property with HELOC from my first property
My wife and I are looking to add a second property to our portfolio, we are looking to use the appreciated value of our first property to purchase the second. I am just looking for some help understanding how to calc...
Cliff T.
How is income from private lending taxed? How does REPS impact this?
Hi all,Can anyone provide some guidance on how income from private lending is typically taxed? My understanding is that if I'm NOT considered in the business of loaning money, then the income is considered interest in...
Gloria Rizzuti
Wholesaling in Ontario
HelloI am fairly new to Bigger Pockets and to real estate investing. I am taking full advantage of this wonderful website and learning as much as I can and trying to make new contacts. My question is for anyone who li...