Investment Info:
Other buy & hold investment.
Purchase price: $3,000,000
Cash invested: $34,000
Bought 300 unit self storage facility for 3 million. Down payment was $34,000 and equity from anoth...
Hi everyone, I currently have an offer accepted on a duplex. After a home inspection, I found that one of the roofs needs to be repaired in the next year or so. I’m told the bank won’t finance if the roof needs to be...
Hi All! I've been learning a lot through bigger pockets over the few years and finally decided I needed to get on board and diversify more investments. Initially, my goal was to BRRRR a property in the Greenville Coun...
Hey Y’all! I just closed on my first househack deal! It’s a triplex in LA. I’ve got a 600 sqft garage that I may expand to make 2 studio ADUs. My concern is that doing so will result in a breach of my loan with the ba...
Hello! I have seen many different ways to do a market valuation for special purpose buildings, such as churches or schools. Can anyone guide me as to:1) the best way to properly value a special purpose property2) fact...
Hey BP Gurus:
First off, I've enjoyed BP immensely.
I have a deal that I'd appreciate some feedback on.
I have a SFR in my neighborhood where the sellers have accepted a purchase contract. The deal points are as ...
All,
If I take out a HELOC under an LLC. Meaning the LLC would own the HELOC. How would one deduct interest on their taxes? this wouuld be a single member LLC. Can I just use the EIN on my own personal tax return ...
Hey guys do any of you have experience doing a cash out refinance. Can you please tell me what to expect and how was your experience. I plan to do a cash out refinance sometime this year maybe around April, and plan t...
If you don't already know, transactional funding is a type of funding used by wholesalers to complete double closes if you don't have enough cash laying around to buy and sell a property in the same day. Most wholesal...
All, I am running into a bank offer that I would like to get you all’s opinion - In the past 3 years, we purchased 8 rental SFHs in our personal name with 30 yrs fixed, average 5% interest. Now, we have an offer from ...