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Hello BP members,Trying to get some advice on a vacation property for the Isabela, Puerto Rico area that is being offered to me at appraissal value. This property is 3 mins from the beach (15mins from airport) and has...
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First: Thank you to all that respond for your time, attention and patience.Second: I am NOT a finance person nor am I RE person... I'm in healthcare and have about a 120k a year FT job, a wife and two kids under 8. ...
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Hello,Just wanted to share my recent real estate success story. To review the original post I had about acquiring the deal you can read this pre-deal information and story.So, my wife Brittany and I purchased our 3-pl...
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Hi Everyone, I am new to BP and wanted to introduce myself. I am a new investor currently looking to buy my first rental. I am based in NYC but looking to invest out of state. I am currently looking in Tampa, Orlando...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $512,000
Cash invested: $40,000
4-unit building. 50% ownership with a partner. Bought 100% occupied with rel...
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Hello, So we sold one of our properties via seller carry terms for 5 years, it was free & clear (there are no loans on it). So now the deed is in the new owner/buyer's name, we have a note for the balance that he ...
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I’m an engineer (full time, W2) and a real estate agent on the side (Schedule C). I have 20 rental properties (Schedule E) that currently carry a passive loss of 300k. I am purchasing another rental property and will...
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Is there a way to turn a non-secured loan from a family member into a secured loan that a mortgage lender would allowed to be used towards downpayment on a rental?
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I know you can file for a LLC on your own, but I do not understand why several people are charging obscene amounts to file them for you?
Are they doing something different than what you can do yourself ?
Also I know ...
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Hello everyone,My partner and I are new to the real estate scene and are currently in the process of submitting an offer to a multi-property in Essex County, New Jersey. The house looks in good condition and is listed...