I am trying to figure out if it is possible to get a commercial line of credit on an apartment building that is purchased through a 100% seller financed installment sale. I know that as the buyer it would be in my bes...
I have a contractor who has almost finished up doing some remodel work for us but he has been struggling to complete the checklist. It has become the job that won't end. We have paid him 1/2 and he is 95% done and I...
Hi everyone,So kind of bad news on this deal I have under contract. I am doing a BRRRR on a SFH for $77k. Anyway everything checks out but Termite report says "evidence of termites". The seller has agreed to pay fo...
Hello BP Family, I searched but couldn't quite find a post that addresses the intersection of an MBA and REI so I figured I write one. I am asking this question specifically with regards to my personal situation, but ...
I won my first REI property at auction, and will close in a few weeks. The property is in my hometown in Oregon and I live in Southern Ca. The Property needs some extensive work done including foundation and roof. I u...
I have an inspection scheduled today for a potential rental property. It's a concrete MFH that was built in 1950. I'm meeting with the inspector and will be asking several questions on standard items such as foundatio...
Hello BP community I am excited to finally get on here! I am preparing to move to Florida this July and start my Real Estate Career there. I have been running with the idea of specializing in Investors, as that is wha...
Hello,I am located in Chicago, IL looking to sell my 2-flat after owning for a 1.5 years. What type of tax I will have to pay on the property? I owned-occupied one unit and rented the other
Howdy folks! I'm closing on my first ever property (praise God!) and got a couple of questions.1. Any recommendations for real estate savvy tax advisors in Dallas, TX? Looking for somebody who is going to ask me quest...
We are about a week away from closing on our first rental property. A duplex that is fully rented. Looking for some advise on how to make the transition as smooth as possible. in the process of drafting our letter to ...