Account Closed
Inheriting a SFH, how do I get it into my LLC?
So I’m in unfamiliar territory here in regards to an inheritance, so I figured who better to ask than the experts here. Here’s my situation:Unfortunately my father passed away a few weeks ago, and my sister and I are ...
John McCardell
Calculation Check - First Rental Property
Hi all!
Very excited to get started here and hope I am not pulling the trigger too fast. This is my plan.
Luckily I bought my primary residence 3 years ago for $335,000 and I owe $306,000. It is currently worth ...
Kevin Sha
What is the next step after your first deal (rental properties)
Newbie here. I've consumed maybe too much podcasts/blogs in the last week or so but it's always about landing the first deal and then it's supposed to get easier from there. So that's the part I'm getting stuck at and...
Andre Barnett
What is your strategy to get seller financing?
So question, when you are looking at a property you know you just don't have the down payment for, have you ever asked the seller to hold a certain percentage of the mortgage? I have spoken with a number of people tha...
Sherry McQuage
Carthage, NC fix and flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $65,000
Cash invested: $110,000
3 bed, 2 bath brick house with large laundry room, 1 acre. Easy access to US Hwy 1...
Ann Shereck
Rental Properties in Canada (GTA) :)
Hi, I live in the GTA in canada. I'm trying to get started in real estate I have 30k cash to work with. However the houses in the GTA are at cheapest 300k, many of those are condos. I'm very confused where I should p...
Danielle Bulla Isenhour
fix/flip loacted near Virginia Beach Towncenter
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $100,000
Cash invested: $190,000
Sale price: $250,000
Used a General contractor on this property and did minima...
Donnell Crowell
please help I'm in need of advice!
I'm in talks with a seller of a 2/2 duplex in So cal, here are the numbers: SqFt: 1,000 Lot Size: 4,500 Year Built: 1962
186k in estimated value
270k ARV
5-7k REPAIRS
$900/mo rent
265k-ish mortgage balance
OK, n...
Richard Wilson
More cons with rehab projects? Where are the Pros??
The current climate in RE seems to host a bunch of uncertainty, but it also looks to present a huge opportunity to enter the market. I am excited at the opportunity with purchasing a rehab project, and turning it int...
Michael Hahn
Live-in Flip vs NOT
Hi all-Newbie here. Searching for my answer on BP, time and time again I hear that live-in flipping is too good to be ignored due to the enormous tax capital gains tax benefit. My question is, what differentiates the ...