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I am fairly new to BP but just wanted to share that my offer on investment property number 2 was just accepted today! I haven't closed yet and I know I'm counting my chickens too soon, but I'm excited to have jumped ...
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Hi Everyone,This is my first post on BiggerPockets.Can anyone point me to an article/video/resource that will teach me how to select the best city/state to buy rental property in and factors that I should consider whe...
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I have a SFH with equity that I will be selling and 1031 exchanging for a commercial/mult-family property. Can I legally syndicate the new acquisition, and if so, will this just create a tax accounting nightmare?Ahmed
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Hello, I've been looking into wholesaling for a few months now and I've finally started to transition from the analysis paralysis phase to actually taking action (or trying to). I've decided to look up properties in a...
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Before today my mindset was buy cash flow rental properties. I talked to a semi real estate investor who inherited 3 properties. She told me I should flip instead of rentals because by the time you keep fixing issues...
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I've been looking for a location in the Northern Texas and Oklahoma area not too far off route 66 we can purchase an affordable home to use as a second home and a STR while we are not there. So far my research has lan...
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I'm doing a 1031 exchange in 2017 and I'm going to hold back some cash. I'm thinking about seeking a joint venture partner for flips. They oversee most of the work and I could bring 200k, maybe more, to the table. I w...
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Went under contract on Sunday on a 2 bed/1 bath in Derby, CT.The numbers are as follows:ARV $84,000Rehab $10,000 (mainly cosmetic touches in kitchen/bath/paint/flooring)Price $48,000 (includes $3k assignment fee)Avera...
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Hey everyone,Curious who’s using seller financing in their business, either to own or sell, and why they chose that route?Trying to get more creative ways for my clients to fund deals.Details are appreciated! Would lo...
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In the last year our little real estate company has submitted quite a few loan applications. We've received plenty of No's and just enough Yes's, but consistently the loan officers are impressed by our Finance Applica...