Michael Costantini
Pitching a deal to under water seller. Need help on the terms.
I found a two family turnkey in NJ. The seller has it listed for much more than a reasonable market price. Turns out they bought it in 2007 (Ouch!) as a owner occupied residence with 5% down... They now live out of st...
Brendan R.
Finding Tenant for Owner Occupied 2 Unit
What strategies do you use for finding tenants for a multi that you owner occupy (house hack)? We are looking for a tenant now for our upstairs 1 bedroom apartment. I've had good experiences so far placing tenants i...
Jay Zoo
New Jersey condo investment and Renovation cost
Hello BP! This is my first post and I wanted to get few feedback on the current deal. From reading couple of deals on this site, i realize that this is not a deal you guys would even consider; but I got anxious with r...
BENJAMIN KELLY
LLC vs C Corp vs S Corp: Tax Issues
Real Estate is a part time business for me. My plan is to rehab and flip 4-5 homes per year. I have a full time job as an insurance agent where I am a partner in an S Corp. My paycheck puts me in the 30% tax bracke...
Gary Harrell
Total Information Overload
Newbie with no prior real estate investing experience other than buying my own homes over the years. I have been scouring this site for the past couple weeks since joining. I've ordered some real estate investing book...
Christian Solinski
What are your experiences/opinions using a FHA Loan?
Hello BP,What are your experiences/opinions about using a FHA loan over conventional financing? Which scenario is better, in your opinion: (1) waiting a couple years to come up with 10-20% for a down payment or (2) ge...
Joshua Ryan Meador
Tranfering property to an llc
Hello all!So I am in the process of buying a multi family. This is my first one and I'm excited to pull the trigger finally. The question I have and I have gotten a couple different answers, is when you finance a prop...
Gaurav Mehta
Things to consider before buying a Duplex in San Jose
Hi,I am looking to make an offer on a duplex. The property has 3/1 and 2/1 Unit. The units are already on rent for $1550 and $1500 each.The rents appear to be lower than market value so this seems like an opportunity ...
Uyenchi Ho
Probate
Hello! This question for all the probate experts out there. So I've accumulated a stack of recent Notices of Administration with the name of the deceased and the petitioner's attorney's name and address. I know tha...
Michael White
New to the forum and USA
Hi people,I have recently moved to the USA, just waiting on my greencard and then looking to dive into the Real Estate Investment business. Moving from England, it is already easy to see a difference in the way things...