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This post is for a close friend of mine who has been having to deal with this issue for more than a year and asked me for guidance. I'm hoping that I can get some advice from the forums. So my friend owns a top floor ...
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Hello all real estate professionals. I'm looking to purchase an all brick duplex in Downtown Houston and just recently had an inspection done. The inspection found that the roof in the attic was black which means ther...
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Our family just finished working on our first flip. We came in on budget, did much of the work ourselves, had the property under contract to sell with a $60K profit, and the buyers backed out at the last minute. Whi...
I hired this contractor for the second time in 2 years. Illinois has had some significant hail/wind storms and our house fell victim. We needed a roof replaced as well as one side of the house (vinyl siding). State Fa...
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For example, I have 8 properties average loan to value around 50%. I want to consolidate into 4 properties, all paid off.Form my understanding of 1031 rules, this is not possible. I still want to ask, even if I sold o...
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Investment Info:
Single-family residence fix & flip investment in Midvale.
Purchase price: $193,000
Cash invested: $20,000
Sale price: $280,000
Live-in flip that I got at a foreclosure auctio...
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Hi all. We are interested in buying a foreclosure sight unseen to remodel and live in ourselves. Fortunately we were able to get into the property after chatting with the tenant (original owner’s grandson) for a bit. ...
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Hi, I am in the middle of working on finances for a purchase of a multifamily house in Queens, NY. I`m planning to move out from my current place and move to the new house. I was speaking with my bank and they told me...
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I have a rental I'm planning to sell in a few months and I'm thinking of doing a 1031 exchange. Couple of questions.1) The purchase price was $165k and I had a $132k loan, approx $126k left on the loan. Recent comps a...
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Hello again BP Fam, I am trying to decide the proper nest egg for a condo I have in Delaware. I was wondering what yall keep in the savings account for your properties and how you determine it from property to propert...