David Paul
Need to get a condo off my books
Hello BP,So I have a condo that I would like to get off my investment portfolio as I cannot rent it for a year (long story.) I would like to flip it and put it back on the market. I know I cannot put it back for mar...
Kelly McMahon
VA loan - entitlement question
Hi everyone,
My husband and I bought our first home with a VA loan which was very nice not to have a down payment. We are looking into buying a second bigger home and renting out the first. Does anyone know any stipu...
Matt Hubbard
Business to finance the purchase of a building. Am I crazy?
A bit of history: My wife and I purchased a failing furniture store from a retiring couple 3 years ago. Year 1: lost $80k took no salaryYear 2: lost $30k took $5k salaryYear 3: Break even took $80k salary... and that'...
Sean Dougherty
Probate/shortsale/foreclosure...all at one time!!!
Interesting situation: I have an offer in on a probate property. Property is in foreclosure. No equity in home and a special administrator has been assigned by court as the PR. Thus this deal would be a short sale. Ad...
Dave Chan
Building a Backyard ADU in SoCal - Cost?
Hey guys, I am currently thinking about putting an offer for a house. I spoke to a few GC about a 500 sq feet 1bed 1bath detached ADU in the back yard of the house. They gave me approximates of 100-120k. Does this sou...
Craig Lessler
Commercial Mortgage - Cashout Refinance on a Multi Family
I am considering doing a cashout refinance on a property (a bundle of more than 10 condominiums in a complex) I own in North Phoenix, AZ and use those funds to buy another multi unit property for cash.My criteria for ...
Fletcher Caulk
Starting Out, Planning
I'm a relatively new real estate investor (have one property that I kept after moving out and looking for turnkey rental to purchase within the next two months). I want to better understand tax and legal consideration...
Matthew Rembish
Commercial Facility Financing
I've been recently looking into some storage facilities and although I have a good idea of my area's cap rates, average facility NOI for particular size facilities, etc., I'm still unsure of the costs associated with ...
Teddy Williams
New Member, I own 11 properties, but want advice on refinancing
Hello, new member from Houston,Tx. Im a conservative investor who owns multiple properties that are paid off and I'd like to know best options for refinancing my current properties before I talk with my bank so Im edu...
Demario Scott
Renovate now or later?
Hello,I just purchased my first home, single family with intent to house hack. The house is in really good shape however I would like to renovate the bathrooms and kitchens. I am not sure when I should renovate, and a...