First post here at BiggerPockets!So, I'm working at getting over my fear of my first buy and hold deal. I found a property on an auction site that appears to look good. Town appears stable, rent is high compared to ...
Hi there, I am new to real estate investing and just finished reading Brandon Turner's book on Real estate investing, he mentioned in some podcasts about how important knowing the terminology is and I was wondering if...
I am working with a seller who is looking to sell her 6 family property that she is living in and purchase a 2 family house where she will occupy one of the units.Assuming the 6 family property is sold for $1,500,000 ...
BP Friends,I am partnering with another investor on our first flip and I have a couple questions that I hope I can get some great insight on:1. PARTNERSHIP DEAL BETWEEN INVESTORS: I am partnering with another investor...
Fork in the Road-What is the best strategy to buying our first investment property?Using a 401k loan:-pay ourselves back-not bank-little to no fees-5 year term-higher payment than 30 year mortgage- we would be a “cash...
Never complete a 1031 exchange, looking for help near by. (Amesbury MA)SituationMy 3 family has an accepted offer of $660,000 (pending bank approval)I paid $380,00 and owe $336,000.I have 56,000 in depreciation that ...
I would say I have a quick question, but it is not so quick. My wife and I are looking at purchasing our first deal other than the investment properties that we own through our IRAs. We are focusing on local multifa...
Hello all, I have been doing a lot of research and decided to play around with the Fix and Flip calculator. Let's just say I am very lost in terms of plugging in the correct numbers. How do I determine what the monthl...
View report*This link comes directly from our calculators, based on information input by the member who posted. Hey everyone, I wanted to get some opinions on this deal I am looking into getting into....
Investment Info:
Single-family residence buy & hold investment in La Mesa.
Purchase price: $555,000
Cash invested: $85,000
Purchased the home as a live-in fixer. We converted the 2-car garage i...