I'm a wholesaler but want to get deeper into this situation before passing along to a buyer: Mom died June 2012 (last payment made). daughter is the heir. Records don't show foreclosure so "mom's" name is still on dee...
Yesterday I went and looked at a house from a wholesale company locally in north Dallas (Carrollton) area that had a house they had under contract for $211K and selling to several investors for a starting price of $21...
Good Day BP, I need a second opinion. Would it be logical from me to borrow money from my 401K to purchase a home whether for myself or for rental purposes? Can this be done? Are there any other strategies you'd sugg...
This fall a property popped up in the local classified ads and is located 1 mile from my house. I am in bad need of extra garage space so I bought it primarily for the garage. It's pretty rough here.....There was so m...
I have currently lived in and rehabbed my primary residence. I will have lived there for 3 years at the beginning of the year. It is my understand that I will not have to pay any capital gains tax if I sell (please...
In April 2016, we purchased our first property (my wife and I.) Stats on the property:
Purchase price was 180k (45k per unit), 25% down at 5% (beg mort is 135k)
Location is Frostburg, MdCinder block, no basement,...
Hi BP members,I just recently joined the website and have been thinking of investing in rental properties for a month or so.My personal experience is very limited but my dad has done very well throughout the years buy...
My son graduated from college last June and has been working part time and living in our house, but is planning on going to law school in the Fall of 2020. He and his buddies have been trying to find a house to rent, ...
Hello BP nation. I wanted to hear your thoughts on building new. Originally I was looking to BRRRR in a gentrifying neighborhood. Most properties in The area I am looking at are in extremely bad shape and need to be t...
In my rental deal evaluation, I'm doing a detailed analysis of income and expenses per property. I'd like to get some opinions from experienced investors on what cashflow thresholds they are looking to achieve. Here...