Hi, First thank you for taking the time to respond to my post. I have an IRA and it has about $55k in it and i was wanting to use that to invest in real estate. Is their anyway i can withdraw without tax penalties? I ...
Hey BPers!So I recently checked out a duplex (2 3bd/1ba units) that’s listed at $220k, but requires a great deal of work given its age. For instance, the seller has already agreed to credit the cost of rewiring the ho...
Hello,Has anyone on BP been able to take the residential loan and refinance it into a commercial loan? Someone from BP provided me with this idea and I am wondering has anyone successfully performed this. I have a few...
Fellow rehabbers, have you ever had this happen? You bust your behind on a rehab and then have a potential buyer pass on your newly rehabbed house because they saw how much you paid for it on Zillow and they think...
OK, Here are our issues:
4/2.5 house we entirely rehabbed ourselves. Our first one ...
Applicant wants a 2 yr lease, $1,125 yr 1, $1,135 yr 2
Family of 5.
Husband getting job transfer, making $50k gross.
So we used ...
Hello! I was wondering how the timeline would work if you used a 1031 exchange to purchase a new construction. I am assuming the house would need to be complete and closed on within the 180 days, but I figured I woul...
I am in the process of selling a commercial retail property which should net me about $2.3M or so. Have been looking at hotels (or larger multi-family) as the next move. I've owned a bar/restaurant in the past as we...
Hello BP Community,I am looking to do my first property flip, but am needing to get a little creative on the financing side due to minimal cash on hand. Although my liquidity is limited, I do have a decent amount of c...
I've got a deal where the seller and I are on pause until we hear back from our attorneys. He inherited the property from his deceased grandmother but the estate is currently in the public notice process(?) and wont b...
Hey all I have one LLC that owns one SFR that has been an STR for 6 years. We want to sell. I found a RE I really like. My friend who is half owner of the LLC says he wants to investigate selling the LLC instead of ju...