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Seller will fund my rehab! Arv 300k. They asking 230. I offered 155k. They said that too low. Then i offer if you can fund me the rehab. I can get my profit 10 percent of arv first. Then subtract your purchase price 1...
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I'll try to provide the numbers you may need to help, but if I didn't just ask. This is not my strongest area in REI. I'd like a little more background knowledge before I talk to the bank.
Property loan information:
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What is the best way to use home equity in your home to start a rental property investment. I’m wanting to buy my first investment property. I’ve got about $90,000 in home equity and would like to begin buying rental ...
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Hope everyone is staying warm! Hoping to get some advice...I own my primary residence free and clear, preparing to pull out equity to invest. I feel inclined to just cash out with 30 year fixed since rates are trendin...
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Hey guys I am just starting out and have been looking at mobile home parks recently. I have seen some here in San Antonio, but they don't seem like they are in the best of areas and look pretty trashy. My question is ...
I am getting ready to help my mom sell and then 1031 a property in LA. The current tenants have really destroyed the house and the landscaping, and it really needs work to get it back into good shape. The issue we hav...
Currently working on getting some estimates for this, but I've got some rough numbers. I've been listening to every podcast I can get my hands on and everything I can read online, but just wanted some additional opini...
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Hello Bp family, I am a beginner entering into the world of real estate investing. I’m looking to purchase my first property by April 12th using the fix and flip strategy, Columbus, Ohio area is where I plan to do...
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For the past three years I have been plowing my personal funds into the Indianapolis real estate market and acquiring single family rental homes in need of minimal rehab. I’ve tried to institute good fundamentals from...
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If I buy furniture and furnishings for an AirBnB before I put the property in service or advertise it on the AirBnB site, can I still deduct the furniture and furnishing in the first year? Or do I have to capitalize t...