Hey bp forums, first time posting on here and I need some advice. I have four different options to use as my first real estate investment. 1. I have a duplex I can get for 200,000 with a 400 cash flow/month(after livi...
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Hello Everyone,So I just lost out on a great 3 family because I couldn't make a 1031 exchange work with the sale of one of my existing rental properties in time. It made me think of other creative ways to potentially...
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I sold a property I owned for 4 years, during the last 2 years it was used as a vacation rental. I am using a 1031 to acquire a new property that will be used primarily as a vacation rental. For purposes of the ne...
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Hi everyone!! Recently I've been trying to do a cash out refi on my primary home in Virginia. The problem I'm running into is the fact that I purchased several short term rentals earlier this year and have been told b...
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Hi BP. I want to ask of everyone’s opinion on something that seems pretty risky. I’m a college student (no income) and owner financing is one of the few ways that I can purchase rentals. How does everyone feel about a...
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Hi BP members,
I'm looking for advice whether or not I should buy points from my lender. I have an option to refinance at 3.875% at 0 costs or I could save $189 at 3.125% at $12.5K cost. It would take 5.5 years to ma...
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Hi guys. I’m ready to buy my second multi family house in New Jersey, and I was wondering if someone could recommend me a good town to invest around central Jersey. Thank you
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Hi BP Community - I have an interesting legal situation that I wanted to hear feedback from before consulting our attorney.I recently read the book, Loopholes of Real Estate, and there was a section on Equity strippin...
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Hello everyone.My husband and I are new to real estate investing, and plan to use the BRRRR method. We’ve made a few offers and even had one accepted (exciting!) but walked away when we realized that it wasn’t a good ...
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can depreciation from a rental property be used against paycheck income?