Hello BP Community - My ex husband and I co-own a rental property (we are on both the title and the note) in San Diego. We are about to put that property on the market and split the proceeds. My questions are ... 1. D...
I take it the answer is a yes because the sale and purchase price difference.I bought the house for 310K.
I can sell it for 400K.
I put 100K down when I bought it.
I recently cash out refinanced it.
After tra...
A week or two ago there was a discussion regarding the 50% rule based on this "positive cash flow" article by John T Reed (actually Reed uses 45%, but that's neither here nor there for my question).In the article Reed...
Hi all, what is the easiest and least expensive way to gain access to a purchase contract for residential properties in maryland? We are in Baltimore County.
We are are flipping a house and just put it under contract with a buyer. Their title company just informed me the examiner found a recorded tax lien from a few years ago of over $23,000. The house has been sold twic...
I’m in the equity zone on my 4 plex to do a 1031 exchange and use that equity to buy a smaller apartment building. I have a basic understanding of how the process works. My question is do I need to use all of the equi...
Anyone using an Indianapolis bank that has a 6 month seasoning requirement when doing a Brrr?
I'm trying to figure out how to assess debt service costs when using a cash-out refinance to purchase a new investment property.
I own one investment property and am looking to use the equity in that property to purc...
BP,
I have a property bought using a 1031 and I’m looking to do another 1031 to upgrade to a small multi-family. I currently have a zero-balance HELOC on it. If I use the HELOC (say, 20k of a 30k HELOC), can I still ...
I'm a broker/owner of my own real estate company. I will never make the amount I am wanting to listing and selling property. I have an investor guru that's is mentoring me which I'm thankful for. He tells me I should ...