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So me and my father-in-law have verbally agreed to form a partnership for investing purposes. I've already opened an bank account for it. I put in 75% and he put in 25%. Anyone have a form to make stuff like this o...
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As I continue my real estate investing journey, I am considering the option of turning to family and or friends for a down payment loan and in turn offering them something in return i.e. a fair interest rate. I have h...
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How does "Seller Financing" typically work?
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Hey BP Fam, Im looking for some creative options to lease a commercial building I would like rent for on a long term lease. I will need some build out time approx. 30-60 days and would like to have rent reduced or mak...
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Hello!I am looking for some advice on house hacking in the state of NH. I have been looking since December and have noticed the multifamily (specifically duplexes) prices increasing past the 600k mark. I am seeing hal...
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I have a question regarding 1031 Exchanges in regards to depreciation recapture and capital gains Taxes. This is purely hypothetical, but I want to look forward to make sure I'm structuring everything correctly. Als...
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Hello,
My wife and I are wanting to purchase a new primary residence here in Denver but instead of selling our house we’d like to turn our current primary residence into an investment property. We have a low interest...
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Hi BP Fam! My significant other and I would like to rent out a house in Rochester, NY since we have a low interest rate. Our mortgage, PMI, taxes, and insurance is just under $1,300. It's a 4 bedroom 1.5 bath 1,538 sq...
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I purchased a property about three months ago as a flx-and-flip, and I have about three months remaining on the project. It's a full gut and rehab. My long-term goal is to buy and hold rentals. However, I know the inf...
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Hey everyone!
You guys (and girls) have all been a great help to me, so thank you very much! I’m getting close to taking some actionable steps to get my first deal. I’m a little stuck on what questions I should be as...