Ramaiyer Ramesh
Tax implications of paying buyer outside of 1031
A prospective buyer wants to get a non-confirming loan (due to attractive 7 year rate). But they want to pay 10K less in purchase price as we are splitting some remodel cost. If the purchase amount is reduced, that wi...
Joseph Salzillo
Purchasing & Managing Difficult B/C Rentals in Connecticut
Connecticut has been known to be a difficult state to invest in due to high taxes, favorable tenant laws, and overall decline in population.However, I've decided to invest into this state anyway. There are a lot of po...
David Torreggiani
Newbie alert - Another new member introduction
Hello everyone,
my name is David T from Houston, TX (even though I am actually from Italy).
Glad to be on BP with all of you!
As you can tell I am new to the world of real estate investing, but I've been doing my d...
Franko Shenault
Options for financing two multi unit from same seller??
Hi All!
Looking for help to purchase two (2)-unit multi family properties in Chicago. We would like to purchase both of them as a package under the same loan and not do two separate transactions. What are a few creat...
Lev Platsman
personal vs corp for lending.
So I am totally new to this. Have not bought anything. But aggressively looking for a rental property as an investment. I live in new york and are looking in other markets.
So the decision I need to make right now i...
Russell Sherman
Good faith deposit and QI
I am taking offers on a property I intend to do a 1031 with. The realtor wants to use a local escrow company to hold the good faith deposit, although I want a different QI to handle the exchange. Does the QI need to...
Bridey Moyle
Travel RN - rate changes and Fanny Mac push back
Hey all, I'm in the process of purchasing my first deal and all has been going well until my hourly pay rate has changed... How can I account for my living tax free stipend into my income? When I initially applied for...
Sage Souther
1st BRRRR Deal Amesbury Massachusetts
Me and my partner just purchased our 1st BRRRR investment property. We got a killer deal, Purchase price was $210k and the pre-purchase appraisal came in at $380k. We are projecting that we will spend about $120,000 o...
Gary B.
Expenses as % of EGI optimal level in multi-family
Hi Fellows, when you evaluate multi-family deal, what is the optimal level of expenses as % of EGI you recommend?Best, Gary
Alexander Szikla
Privates and “Publics” (State and Local) vs. The Big, Bad Wolves of Wall Street
Amidst a significant downturn in commercial property values, private investors (particularly high-net-worth individuals and family offices) are seizing the opportunity emerging as the dominant force accounting for 6...