You know how when you buy a used car from a private seller you tell the seller to say he sold it for $3000 instead of $18000 so your dmv tax is lower? What prevents you from doing the same for real estate property tax...

With the 1031 exchange Do you run numbers as usual on “like kind” properties and then present them to a lender?How would that work being that I wouldn’t need the purchase and renovation cost to be covered completely b...

I am buying a fixer with hard cash loan. HML is giving me 90% of purchase price and rehab cost as well. When I refinance with a bank in few month later will the bank lend me 80% of purchase price or it can be 80% of A...

Hi friends,

I went out to look at a property today. An officer of the local bank that owns it came to show it to me. He inform me that if I have to bring in my agent I will have to come up on my offer. I like the pro...

Would you be wary about buying a property with a tenant in place (either MTM or on a year lease)?  Any thoughts/input would be appreciated.

Im looking to purchase a larger multifamily of 50+ units and my searches keep coming back to do syndication. So I would like to ask, can anyone do this? Is there a "step-by-step" guide / checklist to follow to ensure ...

Hello,

Thank you for taking the time to read this as it will benefit me if you answer it along with many other new investors. I am soon to be signing papers to put in an offer for a duplex that I am very interested i...

Relatively new investor here!I purchased a single family home in October 2014 and have been renting out 3 of the 4 bedrooms ever since. This results in a monthly profit of $427. I am currently on a plan that would all...

Hello All,This is my first turn over at my duplex.   When I purchased the place one of the existing tenets have been there for 5 years.  I carried over there lease and security deposit with the purchase.  The question...

Hey BP, hoping I can get some clarity on this property and get a push in the right direction for my first deal. I have been qualified for a 300k loan. This is a 203k loan where the renovation cost of the property are ...