Shannon K.
Purchase Contracts: Which Happens First?
I’ve been browsing BP and researching a lot… How do others put a property under contract FIRST, then secure a HML/private equity/crowdfunding for financing AFTER? (I had a pre-approval letter in this instance). Still,...
Susie C.
Buy a House in SF or Buy Multiple Properties Elsewhere?
So I need some advice on what to do.My current goal: to invest and build cash flow through my investments The dilemma: My husband and I live and work in SF. Right now we are currently living in a 2b2b condo in Potrero...
Justin Woodworth
Syndication and Small Multifamily Homes
Hello fellow BP'ers. Recently I have bought a duplex in Madison WI as my first investment and am looking to keep the train rolling. I work a lot of hours at my job and I have eliminated most expenses in my life. I hav...
Christopher Raney
Turnkey investment properties
I’m currently active duty and want to get into real estate but my current schedule is pretty hectic and I would like to minimize the time I dedicate to a property (for the time being). Does anyone have any tips or rec...
Emmanuel Kizayilawoko
Can I do a 1031 or is there an other way to avoid capital gain
Hello friends,I am looking into selling on of my rental properties, my renter has lived there for about 2 years. By selling I’m looking to profit around $140K before taxes and notary fees etc...My question is tax rela...
Johnoson Crutchfield
How Tax Returns Affect Real Estate Investor Bank Financing
I don’t see a clear answer to this on the forums. I keep having bankers say “be careful with reporting losses on your taxes because it could make you unbankable.” What does this mean? How do you make sure that you ...
Alvin Uy
Got an $150K EIDL offer - should I take it?
So I just got approved for $150k SBA EIDL under my design biz (not real estate related biz). Terms are 3.75% interest rate w/ 30yrs to pay. $731/mo (P/I).. First payment does not start until after 12mos from disbur...
Nick Cooper
Buying house with cash vs using loan (here me out)
So I’m currently in the market to purchase my first rental property, and I’ve been brainstorming for good ideas and I remember Dave Ramsey saying that he buys all his properties with cash which allows him to offer way...
Benson Gee
Needs tenant to pay rent!
Hey everyone! Times are looking little rough right now for a lot of people. But for me? I am in contract with a home that seems to be a deal I’ve been looking for. This will be my first investment and with time like t...
Stanislav Perevozchikov
First Time Investor - Rental SFH in Chicago suburbs
Hi everyone. A long time lurker, hopefully a soon-to-be first time RE investor. I live in NYC and would like to get into REI. Given the sky-high prices in the area, I'm turning to out-of-state properties. I've looked ...