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My wife and I are currently owner occupied in a duplex, however I just got word yesterday that the seller has accepted my offer on a 6 unit building!The agreed upon price is $108,000 with seller paying closing costs. ...
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Hello, BP members! I'm a currently active real estate investor, developer and residential general contractor. While I'm not new to real estate investing, I see plenty of value in the BP community and I'm here to learn...
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Hi BP Community,Has anybody cashout refinanced a home that was bought using traditional financing? The reason why I ask is because I would like to stay away from HM lenders as I feel like i am under the gun to pay the...
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Investment Info:
Large multi-family (5+ units) buy & hold investment.
PROPERTY FACTS
Building Size 13,536 SF
No. Units 18
Property Type Multifamily No. Stories 3
Property Subtype Apartment Year Built 19...
I was unaware that I would have to pay taxes on depreciation when I sell my rental property whether I claimed it or not...which I haven't done for the two years I have owned it. So now I'm trying to figure out how to ...
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I'm looking at some properties in San Diego County, and while I have found information regarding their TOT tax requirement, but have not been able to find a County short-term rental ordinance, does anyone here know if...
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Loan amount (first+second) are around 500k, value around 1.1M I have a credit score of 814 I currently pay around 4% for my mortgages, and don't want to go much higher(certainly uninterested in anything above 4.75%)
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I'm crunching the numbers on this deal received from one of my realtors. I've really lowered the purchase price and even raised the rent to slightly above market but still not able to make the deal work. If only floor...
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I have 1 SF property in small town that we purchased for $114k renting at $995/mo. Just found another SF property on same street on sale, owner agreed to $70k 3bd 2.5 bath. Would rent $859-900. To my analysis seems li...
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For me, it's about once a year. Last year it was about a missing person (a refinery contractor from Texas). Year before last it was about a dead body. Before then it was game wardens, and another time it was social...