Catherine Brennan
Creative offer help needed
I'm interested in submitting an offer on a piece of land for the purpose of residential development, specifically condos. The property's list price has dropped 42% since it entered the market 1.5 years ago. For our pu...
P.J. Reilly
Quit claim or quiet the title for property bought at tax sale?
Hey all, buying my first house at tax sale. I've bought a lot of vacant land properties at the tax sale but this is the first structure. Should I sell the property with a quit claim deed, selling it "as is" and let ...
Scott Bergmann
Exit strategies for residential land... besides building a home?
What are some exit strategies for residential land... besides building a home?
I have recently been looking into purchasing small sections or lots that are near residential homes that are being sold off (super cheap)...
Marqus Freeman
Any Insight on Partnering with Experience for Lender Approval??
Hello All!Here in the Mid-Atlantic Trenton-Philly area, and looking to close financing on a (1st time) raw land purchase w/ commercial development deal. Anyone here familiar with the concept of partnering with someone...
Jason Stevenson
Duplex as first investment property
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $108,000
Cash invested: $31,228
duplex
What made you interested in investing in this type of deal?
...
Jason Allaway
Land development for builders
Investment Info:
Other other investment.
Purchase price: $108,000
Cash invested: $20,000
Sale price: $300,000
Bought three 2.5 acre lots. Paced road, added shared wells, septic and parked out t...
Edgar Rodriguez
Looking for New Construction Financing
Good morning (or afternoon depending where you live) BP family,I have a client who purchased a piece of land last year that we are attempting to get rezoned and split up in order to build 5-6 homes to sell to homeowne...
Raj Popat
Is Selling LLC better than selling commerical properties
We are currently in the process of selling our commercial property (8 units). The buyer wants to buy the LLC ( better financing) rather than just the underlying asset.What is better for tax purposes and also future le...
Gabe Sirkin
Multi-Family Purchase Contract template?
Does anyone have a standard simple purchase contract they can share for a multi-family property? I'm struggling to find actual examples online. They all just explain the main points of a real estate contract. I would ...
Robin Newcomb
Mobile Home Park Purchase
Investment Info:
Other commercial investment investment.
Purchase price: $1,008,050
Cash invested: $1,000
I need to know how to treat my mobile home park on my tax return. Schedule E or C. I do not...