Greetings bp!we are in the process of acquiring multiple multifamily portfolios as we have a significant 1031 exchange amount. We are already 10 units in and are in contract for another 27 spread across multiple State...
Stuck in a quandary between selling and cash out refi on a 4 family I have. I owe 235k. I have a buyer for 500k off market. Sell it and walk away with 250k. I also lived here and can avoid capital gains.Property cash ...
Hi everyone,
My name I’m Paul and I’m currently active duty Air Force but will be separating in the new few months. I will be relocating to Dallas and also commute to NW Arkansas several times a year for work. I've b...
Hello All!
My family and I are planning on selling two single family homes we currently have rented. Total cash on hand will be about $300K. Our plan is to do a 1031 exchange and purchase a multi-family property arou...
Hi,
I am a newbie when it comes to real estate investing.
What is the BEST recommended strategy to get into real estate investing? (I know 'best' is subjective but I want to hear everyone's thoughts and why they lik...
I am new to BP. I own one duplex that I just finished rehabbing and renting. I am itching to get started on a second property. I am very interested in getting into larger apartment buildings and developing. Of course...
Hi all,
I've finally found a regional bank that will write nonconventional rehab+purchase mortgages. They are 5/1 ARM, 20 year term at 5.5%. These aren't exactly Fannie terms but they look like the best avail...
Investment Info:
Large multi-family (5+ units) buy & hold investment in Nicktown.
Purchase price: $5,600,000
Contributors:
Eric Friday
The Monopoly Bros ( Me and Eric Friday) closed a...
We are using a 1031 exchange to sell a property and purchase 3 new properties. Each new property will go into a separate LLC, but the single member of each LLC will be the same realty trust.Do we need to get differen...
I'm scheduled to put my condo up for sell, however I'm having reservations. I owe $91K on my condo in Las Vegas premium locations, with an ideal price tag offer of $128K. History showed the last unit sold in 6 days ca...