Hello BP Community,I have a little issue here. I recently sold a rental property that was not cash flowing and purchased a duplex in Texas. The idea was purchase cash, then cash out refinance with the attempts to pull...
YES Yes I know ask an accountant
It’s Saturday I don’t want to wait until Monday 😀So could a corporation flip houses reinvesting profits into the next flip to temporarily avoid income tax instead of having to 1031?...
Hello BP community,
I am strongly considering putting in an offer for a 4-plex. I've run the analysis and the numbers work well for my defined criteria (CoC, Caprate, cash flow, etc). The one catch is, the current re...
hey i am under contract on my first investment property, currently a 4/2 & 2/1 4600sqft duplex with a pretty easy conversion to 2/1, 2/1, 2/1 triplex.
my wife and i are going to live in the bigger half and rent t...
Hello BP community,Happy New Year! I am a new real estate investor and I closed on my first duplex in November in Lakewood/Tacoma, WA area. Tenants were placed in both units by a previous property management company (...
I'm considering buying my first home for rental for 89k and the ARV (at least 2 weeks ago) was between 113k-118k. It's in a C class neighborhood and current rents are approx 1k. I could pay for it in full and have e...
Good morning BP!I've been looking for a good property for my family (we have 2 toddlers) to house hack. We're located in the northern Chicago/ Jefferson Park area. There's this one near us that we like but it's been...
Hey everyone,So as the title says, I'm planning on purchasing a 3 Bd/2 Ba SFR to house hack right next to Lehigh University in Bethlehem PA. I'll be getting an FHA loan, attempting to rent out a couple of the bedrooms...
I have an unusual situation that I hope someone may be able to help me with. Here’s the background; I have a newly remodeled two story, two family home that has all new pex plumbing, new hot water tanks, new fixtu...
I'm receiving a contract on my multifamily (6unit) that we have had now for 10 months. It was a dump, fixed it up and now it is 100% occupied, stable and cash-flowing. My cashflow after all expenses, debt service a...