I was offered an opportunity to partner with an investor who purchased a single family home and would like to flip:The investor: Real estate agent Purchased home for 230k has put down 20% and financed the rest, as wel...
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Hello BP, Now that I'm in The Big Apple, my girlfriend and I are looking to get into REI and build our future here. As a professional trader, I am expecting to have a pretty good salary, so most of the REI business...
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Hi there,I am writing seeking advice on what to do in this in between time and whether I should buy a primary residence first or a rental property first. My husband and I plan to get into buy and hold properties and e...
I am new to the site, and I was wondering if anyone could provide me with some advice on my situation. I currently live in Massachusetts, and I would like to start investing in multifamily units, and renting them out....
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Good morning BP!I’ve been crunching numbers on multiple buy and hold rentals as well as brrrr investments in my area and I continue to have trouble getting deals to cash flow with the 2nd mortgage Loan Payment (down p...
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Hey everyone,I have a few questions, hoping someone can answer. I've been looking into refinancing my primary home to remove the PMI on my FHA loan. Can someone let me know if this is still possible, even with the ris...
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Hi all,I'm buying my second 4 unit in Wash Park, Denver with a small group of investors and am hoping to get feedback on two different approaches to structuring it.Approach #1 is to buy the home in my name with a 75% ...
Hello All, My name is Sam and I am a new investor living in Dallas, currently eager to get into real estate with my first deal. I plan to invest in Tallahassee, FL where I am from because I know the area very well. Ve...
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Hello, I purchased a triplex back in July and just signed a 6 month contract with the management company that was currently managing the property. Up until now they have been collecting the rent every month and transf...
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Hoping a CPA or another person can provide some insight and definitive answers when it comes to land contracts, and tax consequences when selling real estate on land contract. Also, if an asset is held for under a yea...