Medi Sarwary
Aggressive Pre-payment vs. BRRRR strategy?
Hey everyone! I have been struggling with one aspect of the BRRR strategy which is the refinance after re-hab. I see a lot of value in aggressively paying down the mortgage with the excess cash flow and personal incom...
John Thedford
Student Paid $5400 For "Wholesaling" Class...Is Violating The Law
So found a place for sale on CL. Actually a good area and price caught my eye. So I sent the seller an email on it. After a little info back and forth it became apparent they do not own the property. They are also NOT...
Ben Skove
S-Corporation Compensation vs. Flow-Through Income
After meeting with my CPA today, and going through a number of back posts from the BP forums, I'm interested in hearing more about how the IRS oversees the balance between S-Corporation compensation versus flow-throug...
Scott Bartlett
Getting ready to submit my first offer, thoughts?
I just inspected a property yesterday, and got my first real look at it.
Here is the information:
Asking Price: $15,675
On the Market: 79 Days
Comparable Comps: 25-35K (I believe this to be a little low right now (T...
Christina Tkacs
Calculation question... first timer
I'm running some calculations on a duplex that I'm looking at, and things don't seem to be adding up. This is my first real estate venture, so I want to pose the question to the community for advice.The duplex is in ...
Angel Malone
Is partner shady or really unorganized?
My husband and I are in an LLC as members and our partner is manager of the LLC. We have 2 SFH properties we seller financed together and everything went smoothly. We are newbies and our partner is very experienced i...
Travis Gibson
Should I roll my SFHs into a Multi-Family apartment building
I have been reaching out to investors in my local network in order to gather equity for doing an Apartment syndication deal but it has been slow going. Therefore I was wondering if it would make sense to sell-out som...
Dan Hall
Do I sell my duplex in Cali to buy multiple doors in Midwest?
I'm looking for advice, my wife and I have been blessed to inherit a duplex from my father in-law in his passing and share this with her sister so we are 50/50 partners. My dilemma is that we own this 100% and cash f...
Ty H.
Bank of America Revises Short Sale Policy
Bank of America, one of the country’s largest mortgage lenders, says it is loosening its policies on short sales in response to the U.S. Treasury Department’s announcement last week that it would increase incentiv...
Patrick Bunn
How is this for a plan?
Hello BiggerPockets family!
My name is Patrick and I'm in Birmingham, Alabama.
I am new to all of this so any input would be appreciated. I figure just asking for help as a newbie isn't sufficient; so I developed a...