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For those that do a lot of cash HUD deals, do you buy title insurance on each one? What would be the potential title problems that HUD would not wipe out in the foreclosure? I am thinking about getting a title sear...
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Hey BP Community,I'm dipping my toes in the apartment water so to speak, and someone brought this deal my way.Here are the numbers:$1.2 million purchaseCurrent occupancy: 58%Units: 64Average Rent Per Unit: $550 (conse...
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How do you find the banks for delayed finacing thru Fannie / Freddie?Spent lots of time on the phone calling but cant seem to get anywhereThanks
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Just purchased my first home, small investment property with the goal of flipping or renting in mind. Got into the home for as cheap as possible, in order to save cash for property number two. After all the paperwork ...
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We closed on an 8 unit building in the Hampton Roads region of Virginia on 19 Mar 2021, more specifically in the Ocean View section of Norfolk not far from Virginia Beach. the specifics of the property are as follows:...
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Can anyone explain accelerated depreciation and when to use it? Any other awesome tax benefits to discuss?
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I recently came across a 16 unit multifamily complex that has some pretty attractive qualities. I am extremely interested in pursuing this property, but I have little capital until I graduate and start working in May....
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Hi all! My wife and I are moving from California back home to the Midwest where I'm from. I've been wanting to start investing in multi-unit properties for a while, but it's been too expensive for us to get started ou...
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Hi Everyone, I'm nearly complete with my full rehab of a SFH I purchased for $215,500, put approx $60,000 into for rehab and holding costs, and has an ARV around $330,000. Hard money loan for $200,000, the rest of the...
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Recently I completed an entire rehab on our long term rental and converted into a short term rental. I'm 2 months into running my short term rental and we have been breaking even (thankfully). The dilemma:We used some...