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Hey BP! I purchased my first SFH less than 2 years ago (May 2019), but am in the process of selling to live with my SO and to aggressively save to pay off my student loan debt from grad school. My house value has incr...
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Would you sell stocks for a down payment or use home equity to finance an investment property?
Background: I purchased my home for $325k. Put $185k down. Comps in my neighborhood are selling for around $430k at this ...
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Hi All Looking to guidance on setting up LLC. I have one property in California and looking to purchase a second one out of state in Omaha or Georgia. I woudl like to move my current property under a LLC and purchase...
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Asking Price: 50,000
Taxes(annual): 220
Insurance(annual): 450
Monthly Rents: 600
We have considered offering all cash.
If we take a loan, we are looking at around 200/month.
I already have 4 people interested in re...
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I’m in Wilmington, NC and am about to place a tenant in my first rental property. I was wondering what kind of bank accounts the pros use. For example, when the tenant gives you a security deposit, do you just park th...
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Hi there, I'm a newbie in NC and called a county's tax department to see if I could get a tax delinquent list. They were extremely rude, and told me that they can't give me that information. I politely stated that th...
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Is it possible to structure a deal with seller financing and then do a 1031 exchange into a 721 exchange? The background of the deal is that the buyer desires a low down payment and prefers seller financing. The selle...
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Hello all,
I have a couple of questions regarding the analysis in a percentage change of ownership and I'm hoping to get some insights from the group.
I own a commercial, free standing building with a partner. We'r...
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Hello BP nation!I would like to start by saying how grateful I am to have a platform such as this to be able to share ideas and learn from! There is so much information available to us these days it can be overwhelmin...
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I'm a salaried employee for my company and have a standard w-2 for the majority of my income but in the last year i've started doing things on the side like the occasional wholesale deal or some remodeling work, both ...