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I own a commercial property (being rented) free and clear. I'd like to obtain a LOC on the property for another investment. I have never done this before so I'm looking for insight on questions/criteria/ideas when spe...
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Hello BP friends, my son and I are newbies, we are learning with BP fam a lot. At this moment, we have a contract on a condo that initially was to be a conventional loan and end up not possible because of the ratio. M...
Good morning! Im hoping for some helpful insight here.. There is a single family residential home that has been vacant for the two years we've lived in the area, beyond that I'm uncertain. There is signage on the hous...
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Hey everyone ! Earlier this month I decided to really push myself and get serious about virtual wholesaling. I set a goal to get at least 2 deals my first month, and yesterday I was able to secure my 1st contract. Whe...
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If I have this correct, the IRS allows one to depreciate a rental property over 27.5 years (if I am wrong, please correct me). My question is this: If I buy a property from an owner who has had the property for 30 y...
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Hey everyone ! Earlier this month I decided to really push myself and get serious about virtual wholesaling. I set a goal to get at least 2 deals my first month, and yesterday I was able to secure my 1st contract. Whe...
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Hi! We are flippers and recently got a hold of a waterfront 2.3 acres property with a 1964 house (bought in cash).The house was build by the original owner and the attic was transformed to the second floor, but not fi...
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Hello everyone, For the past 6 months I have been educating my self about real estate investing. I’ve been doing a lot of research, listening to podcasts, reading books, and a lot of google. I’m currently looking into...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $155,000
Cash invested: $40,000
2 Family
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $155,000
Cash invested: $40,000
2 Family Investment Property