Karissa Sampson
Duplex conversion-Potential 6 month wait
About us: Used the BRRR strategy, have 5 doors in 3 properties with $300k in equity and $1800 cashflow per month. Started in 2020.Bought a single family home in mid June 2022. Its zoned for use as SFR, duplex, triplex...
Kevin D.
1031 Eligibility
I bought a foreclosure SFH with the intention on BRRR'ing it. It's renovated now and I turned it over to my property manager 6 weeks ago, but he hasn't gotten it rented yet. I have since then found a 3 unit that I rea...
Domenic Marchetti
Hard Money Lender -- Rhode Island
I have a small (700 sq ft) 2 bedroom SFH short sale with a negotiator in place. Selling price is $55,000 with a ARV of $80 to $90,000 with $5,000 in rehab costs (max). Income potential is $12,000 annually. I'm lookin...
Jared V.
Aspiring Investor from SF Bay Area, looking to relocate.
Hi folks,I've been a BiggerPockets member for the past year or so as I have been doing a lot of research on REI. As I continue to learn more I figured it is time that I introduced myself and jumped in on all the great...
Apoorva Paruchuri
Is this a good time for first time investor?
Hi all, I am looking to start investing in multi family around Boston area. Specifically in Dorchester, Roxbury, Quincy, Chelsea and Everett. My plan is to invest in a 3 family home as primary residence. I am looking ...
Tylor Petkovich
Setting up long term private lending
Hey everyone! I have several private lenders that are ready to go once I find a deal that works, but I’m trying to figure out the best way to structure the deal. Since this is going to be a buy and hold, I want a long...
Jack Tucker
1st Owner Finance Deal- is 5% 20 yr am, 10 yr balloon good?
OK... been doing lots of cash deals, but never have bought an owner finance deal.I have found a quad at a good price.He prefers to owner-finance the deal for $75k at 5% fixed interest, 20 year am with a balloon at 10...
Eric S.
Chap 13 bankruptcy question-2nd mortgage note
Fellow Note Investors,I am reviewing the Chap 13 BK filing and plan in Pacer on a 2nd mortgage that is 100% secured. The Chapter 13 plan calls for the arrearages to be repaid over 60 months, but does not include the ...
Achi Adamit
Can Vacant lot be Sold as a 1031?
My partners and I are in contract to sell a small vacant lot in Philadelphia for $35,000, which we bought a year and a half ago for $20,000. I know its not a lot of money, but I was hoping I'd do a 1031, but I was to...
Brad Mccarter
New Guy
I have been lurking and enjoying everyones input here. Thankyou. I have decided it is time to join the discussion.
I would appreciate all of your experience in letting me know if you think my goals are realistic o...