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I want to buy a relatively cheap SFH (cash) to do a fix and flip, mainly as a way to get my feet wet but of course also make a bit of profit, and right now I'm looking at the Midwest. Columbus Ohio comes to mind, as d...
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Hello BP! I am new to everything here, and new to REI, I am located in the Sparrows Point/ Dundalk Maryland area. I am currently in process of settling on my first flip with my cousin. (Settlement is actually tomorrow...
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Maybe I'm just out of touch with the current market, but I'm looking at a $245K property, putting down $61,000 (25%), have an above 800 credit score and my closing costs are $14,700+/-! AND had to pay 3 pts to get a ...
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Hi everyone. I have next to nothing of advice to tell my friend who is inheriting a college rental about 4 hours away from where she lives. She was given a name of someone to manage the property. I believe it is a ...
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Waiting impatiently to hear on our first investment/house hacking deal. Already have a game plan in place to get it cash flowing better.Previous owners bought it in 2008, and only painted the exterior, plenty of deffe...
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A very common question around BP Nation is how to choose contractors and where to find them. Moreover, so many newbie investors ask how to estimate the costs to repair the property to bring it to the highest market va...
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Alright "tax" friends... I need some clarity. I just heard someone say on a podcast, that they hold all of their properties in an LLC, because otherwise, they can't claim the deductions such as Property Management, mi...
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Hey BP fam!
Still new to this and learning away, but the topic of becoming an actual agent or not is interesting to me and I like the idea of having access to the MLS and having one less person to rely on in such a v...
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As stated in biggerpockets Real Estate glossarry,
Assumable Loan - A loan in which the lender is willing to “transfer†from the previous owner of the home to the new owner, sometimes at the same interest rat...
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Hi guys!I posted in here a while ago looking for advice on a buy and hold property in San Diego. After a good deal of looking around, I finally settled on a place in Mira Mesa. The seller has accepted my offer and I'm...