I relinquished my 1031 exchange property already (closing was October 12, 2018). I have a property that I want to purchase as my replacement property but construction will not be completed until October 2019. The con...
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Investment Info:Single-family residence fix & flip investment in Sacramento.
Purchase price: $125,000 Cash invested: $1000.00 Sale price: $275,000Fix and Flip. Net profit 150k. What made you intereste...
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Hey y'all! New Pro member with you. Super excited to join the community and jump into real estate. I have a current property that is being offered to me at 225k. It's a duplex and I would live in one unit and rent the...
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When underwriting a commercial property, what is an example of bad debt and what is an example of credit loss (how does this differ from vacancy loss)?Thanks
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Good morning. I am a residential buy and hold investor but have been approached about partnering on a commercial “cosmetic” building. Essentially a bunch of small office spaces, very minimal furnishings, low maintenan...
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Hello everyone,Can someone give me an example on how these private and hard money lenders work using numbers? Especially if you have no money down?I met this guy from my area on vacation in Orlando and he's a investor...
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Good evening BP Community,My partner & I recently signed a purchase agreement and made our first payment towards a portfolio of 3 properties, all at the same corner in one of the top designated Opportunity Zones i...
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I’ve got a former partner that wants to sell me his duplex. He’s willing to “gift” me the 20% down payment and to get the loan and then owner finance that 20% over 3 years to pay him back. The problem is my lender say...
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I plan to work in Gov for two more years before retirement. I can stay on where I am (non real estate related) or find another job as a Realty Specialist which involves learning acquisition and disposition of land, co...
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Hi Everyone,As it turns out, the house across the street from my childhood home is getting auctioned on Hubzu. Since my parents still live in the same place, I'm very familiar with the home and its goings on. From wha...