Good afternoon BP, My question is I am having a difficult time getting funding to do rehab deals. I've attended my local REIA for the last two years and cultivated a small network of private money lenders. I was ...
Hey everyone!I'm making my first purchase on a "non-owner occupied" duplex in Central Indiana and the first mortgage company that I went to get pre-approved will only allow 25% down. Are there any lenders around the n...
Hello, The current asking price of a 22-unit complex is $1,200,000. The Yearly income is $147,204 and the expenses are $32,808(Insurance, Taxes, and Utilities). If I want to include a 10% vacancy($-14,720) and 10% r...
I'm currently in escrow for a property in southern California. I have two rental properties that I used an investment loan and an owner occupied loan to purchase in November 2018. Before I got my offer accepted for th...
The 2014 annual Tax Lien auction for Yavapai county Arizona ended today. I have the raw results data. There may be some slight changed since the investors have until tomorrow to pay for the liens.
I'll be...
I have a friend that wants to get involved on my next deal and I could use his cash. The total purchase cost is 15,5. Rehab and holding cost 4K. So total required funds 20K. After rehab monthly rents will be $600.00 p...
Playing around with a compound interest calculator for the first time, its very exciting, and brought up a question on the correlation between net worth and rate of returns on real estate over a 30 year career. A few ...
I have been investing in real estate since before it was cool like it is now. I did BRRR before that was even an acronym, and it’s done very well for me and my family. Back in 2009 if you said you were investing in re...
Hi all, first-time poster here! I am an "accidental" real estate investor, currently with a small portfolio of real estate. One commercial building, one short-term vacation rental, some timberland with a partner, an...
Hello again BP,We are considering finding a home and Move-in/Flip/Sell/Move-out in roughly a year, maybe less depending on how well it goes. I am not understanding the capital gains tax for Minnesota. Am I taxed at my...