April Savoie
Looking for advice on a multi family deal
Should I get something in writing with the seller before I have a contractor walk the property with me? That seems like an obvious yes. So should I get a lawyer or just a self written statement with my and sellers sig...
Daniel Ziner
Duplex plumbing issue not covered
Good morning everyone. Wanted to see what your thoughts are on this. I closed on a duplex a few month ago and now there is a plumbing issue where the plumber says that they'll need to change both main lines to the h...
Rafael Diaz
Finding Emerging Markets for MF
Hello everyone,
My name is Jacob (please excuse the profile mismatch - I'm using my dad's BP Pro Account).
I have a goal to buy a small apartment complex by the end of the year and the first step I'm taking toward...
Brian Sherman
Double close with my RE agent
Looking to house hack my first duplex. Found an agent who works in off market deals and he had a great one for me. However, I'm a little concerned with him working for me AND the seller. Essentially, I would think tha...
Kaylee White
Atlanta Financing HELP!
Hi everyone! My fiance and I are new to real estate investing but we're motivated to start asap. We're struggling with financing our first fix & flip as we have very little cash (we're paying for a wedding) and ou...
Chloe Pacheco
How To Target Distressed Property Owners
I am asking my fellow investors, how do you market directly to distressed property owners? I have heard that direct mail is successful and want to know if you agree. If you do agree, then what type of life events do y...
Weng L.
Max out HELOC before sell then 1031?
Hi All,
Will maxing out HELOC before selling exiting property cause 1031 to be denied by IRS? HUD-1 only shows the amount used to pay off 1st mortgage and 2nd mortgage (HELOC) but not the data of fund drawing from HE...
Ada San Andres
Looking to House Hack in Austin TX
Hello! I am new to BP and real estate. Joined in because I'm looking to move out of state and house hack in Austin TX. Guess where I'm coming from (hint: house prices are crazy here). I'm in the planning stage and a l...
Benjamin Brooks
How much saved cushion when buying a multifamily
Hi all,How much cushion should you have saved for fees and misc expenses when buying say an investment multifamily property?For example say I have $100,000 saved and go to buy a $400,000 complex with 20% down so 80k d...
Lia Locarnini
Auction for new investor
I am a new investor interested in purchasing at an auction. I will have all cash to buy the property and am planning to buy,rent, and hold the property so that it can appreciate. I plan to run comparables, drive by t...