Hey all,I'm currently looking to purchase my first property OOS for 100-150k. The great deals that have been coming to me are getting swooped lightning fast, so I'm wondering if offering on all cash terms would help ...
Can anyone tell me what happens if a home has been renting out for just over 3 years in terms of the capital gains exclusion. Do you lose the entire benefit or is there a sliding scale. Let's say you're trying to deci...
I have two rental properties, one in Minnesota and one Alabama. I am currently living in Arkansas and about to close on a house which will be my primary residence. I want to make arrangements so my sister can take ca...
Hello everyone,Hope everyone is doing well this weekend! I'm looking at some 6 - 10 unit complexes that require a commercial loan. The loan officers don't mind if I use my own money for the 25% - 35% down payment , or...
Hi BP! I am new to real estate investing (meaning I currently have no deals under my belt) and I feel like I'm finally ready to get my feet wet. I read about people teaming up with a good agent to help them find deal...
Hey BP PROs!So here is my situation and welcome any input and suggestions. I have a condo that was a very quick rehab (mostly cosmetic in nature). One of the key features is that this unit had a garage. This makes it ...
I got pre approved before looking for a place, found a great place, she wanted 32 I offered 25 and we settled on 26. Home inspection is done, repairs are estimated at 2,000. Is my next step to tell loan officer I'm r...
I am very new to real estate investing and am looking to purchase my first property in a few months. I have three children currently attending or will be attending BYU and I like the idea of investing directly into t...
Investment Info:
Townhouse buy & hold investment.
Purchase price: $305,000
Cash invested: $20,000
This was my very first property I bought after graduating college and within my first year workin...
Hi everyone, I found an owner willing to be the bank for me for 95% (only 5%down ) in a simple loan of 4.25 percent interest for 5 (maybe even 7 years) but then the balloon pops and I owe him the entire asking price. ...