New Investor who will be purchasing their first multi-unit (2-4) this year. I had a question about my LLC. A little about my situation, I live in Denver but will be investing out of state in Dallas/Ft. Worth due to ...
Thanks in advance for any forthcoming help. So I bought my first home(triplex) last year. I used a conventional loan with 25% down. I live in one unit and rent out the other two. My mortgage is $1008 and I profit $3...
I am looking to rent out my old home I am in the process of fixing it up and getting it ready. I have no idea how to move forward after it is fixed up. I very much want to find a reliable long term tenant. Any TIPS t...
As an agent here in Western North Carolina I have been posed the question by a client whether or not it is better to have a separate bank account per investment property or to have all the income flow into one account...
I've been purchasing Alabama Tax deed properties for several months and I am running out of resources. I continue to receive these price quotes from the State of Alabama for approximately $5k - $7k. Good rental proper...
https://www.biggerpockets.com/renewsblog/2015/04/2...I would like to use an example where the refi actually nets money. For instance, buy a property for 30K, fix up for 20k, refi at 70K (assuming 100K ARV). In this ...
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*This link comes directly from our calculators, based on information input by the member who posted.I have $85,000 available for a residential rehabilitation project. The attached deal is...
Investment Info:
Single-family residence other investment.
Purchase price: $45,000
Cash invested: $1,000
Sale price: $85,000
Delinquent tax sale lead, direct mail lead source. Purchased the prope...
I'm currently purchasing an investment portfolio of 31 properties all cash. I'll be doing delayed financing on 6 of them post-close (within the first 2 months). Will the IRS see this as purchase money and will the mor...
Hey BP,My wife and I are self-employed and have a nice savings but because of our taxes (we expense A LOT of things) we're having trouble with conventional loans so we started looking at Private Money Lenders. We're l...