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Ran into a partial exchange situation, I am selling a condo at price of 400K, the profit is only 20K however the depreciation is super high since I have been renting it for 7 years. so I have to pay high tax for it. M...
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Good afternoon, fellow BPers.Very green investor here in an interesting situation with selling my own property. Short version of a long story: I was in Harvey, house flooded, we were insured, have people coming out of...
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Hi Folks, What do you think about this deal?3/1 BRRRRPurchase: 155kClosing Cost: 5kRehab: 15k (2 months time)ARV: 220k Refinance at 175kRent: 1600 - 1700 / moThe home would be funded with a conventional loan, which is...
selling undeveloped residential lot. under contract, with a buyer for a cash offer, no option period. 6 days from closing received an objection letter stating they now have lender and they are objecting to survey t...
Hello I'm looking at purchasing a single family home for around 400,000 in Edmonton Alberta. I have been pre-approved for 450,000 with 50k down @3.87 fixed with a rate hold for 3 months. Purchasing under this scenario...
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Hi, considering a new build and wondering if anyone can point me to some good reference material or provide feedback on how to best shop this loan. I understand the general idea of it (interest only on the constructi...
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Hello BP Ohana,I'll be facing an issue here in the very near future and I really need some expert insight and advice on my best approach to the situation. I currently own a SFH (primary residence) with my soon to be E...
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I am thinking to buy with hard money do a rehab and then refinance, basically BRRR strategy. I want to grow my portfolio real big like 3-4 hundred units before I start investing in multifamily and retail. How many o...
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I am looking at using another property management firm. They seem to have great feedback, however, the thing that concerns me is that they don't have a repair deductible. Would this really be an issue and will cause t...
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Hello Georgia Investors! I am a new investor looking to land first deal. I am interested in multi family ( 2-4 units) and looking in NE Atlanta, Gwinnett county into Athens areas. I am working with a realtor but comin...