Hello Multifamliers,
I'm a noob here on BP, although I've been in residential finance for over 10 years now (specifically mortgage brokering). I realize that continuous transactions are not sustainable (in te...
I'm attempting to sell a duplex that has some significant settling/sloping. The property is sound, but it's very noticeable and is scaring off buyers. Any advice?
I don't know if I'm asking for advice or just seeing if anyone is in a similar situation. The good news is this is a first world problem. The bad news is I live this first world life so even though it's not like I'm g...
As I understand it a subject to is when you take the place of the original owner in a property. Money is made when you buy a house not when you sell it so how is this beneficial? Are you paying less for the equity the...
Hello everyone. I'm a newbie here and am looking at doing my first flip. The only reason why I haven't jumped on the property I've been looking at is that I can't figure out what to do with this strange room. It's an...
Hello everyone,
My wife and I own a mutli-family home and purchased it in February 2022 for 495,000. We put 5% down using an FHA loan and currently have an outstanding balance of 450,063. We opted for the FHA so we c...
Disclaimer - I type out the notes as I go, on my iPad. Grammar mistakes highly likely.Real Estate LoopholesWritten by Kennedy and SuttonPart One: Being Smart You need to learn to OPEN tax loopholes for yourself and CL...
Hello Bigger Pockets!
I will be closing on my first investment property next week, it is a 4-plex that will cash flow about $700 per month after all expenses including tax escrow, (etc. even including mowing service...
I've begun researching companies that handle checkbook LLC IRAs and I received some info from the Security Trust Company stating they will charge a 2k set up fee which includes setting up the LLC and handle all other ...