James Reed
Going to look at houses.
I sent my real estate agent my criteria for houses that I am interested in and we will be looking at houses tomorrow. I just purchased J Scotts book on flipping houses and estimating rehab costs. I will be listening t...
Aaron Osgood
Financing First Deal-Private Money
Hello all. I had a great meet-up last night with fellow BP'ers in the area and it seemed the consensus for a first flip is find something "easy". I think i have found one that has comps in the $200,000+ range and ...
Tina Herman
Advice For My Cash Out Loan
Dear BP Community,
This is my first post! I am a green investor and am really thankful for all I have learned after months of reading (and listening) on BP. The time has come where I could really use some a...
John Weidner
Would you do this deal?
So I've been chasing this property for over 2 mos. It keeps going on and off Homepath. Im a broker so I put my own offers in.
Listed: 149K
Purchase Price "at least" 191K (might go higher)
Repa...
David McBrayer
What is Triple net or Net Net Cash?
Hello everyone. Newbie David here. I need to ask a question and I bet there are people that can jump on in and tell me this information. I could look it up but I thought I would just ask the question in here.I see ...
Phil Kurumunda
LLC, Asset protection and Mortgages
Hello - I am in the process of buying a few buy and hold investments. The terms on the mortgages favor conventional residential loans vs commercial, notwithstanding the bank underwriting grilling one gets from the ty...
Jamie Rose
1031 from 3 unit into 16
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $1,150,000
Partnered up on a 1031 into a mid size commercial MF in Anchorage (16 units) - no further cash require...
Tene Samuto
Accumulating Rental Properties question
Hello,I would like to create wealth using real estate ( to quit my job) and am considering buying my first multifamily home in a year. I plan on buying and holding multifamily homes. How do people who own multiple uni...
Thomas DeMoss
Changing to single member llc
i set up my llc with my wife and i, each having 50% ownership. This was suggested by my lawyer, but not sure why. I filed my taxes and recieved a $600 bill from my cpa to file for the llc which holds two properties. ...
Jean Pierre Vachier Flores
No Utilities
Hi, I'm in the process of buying a piece of vacant land in the middle of a developed neighborhood with houses. On the listing it says no utilities, is that possible, there being developed houses next door? ...