Everyone has heard about the potential tax benefit of Opportunity Zones, but has anyone noticed the even greater potential when combined with bonus depreciation. Our tax counsel pointed this out to me, and I was wonde...
Hi All,I need some clarity on the last R in BRRRR, the Cash-Out Refi. Think of this like a math question please with a Yes or No answer.If property is bought at $140K, 25% down meaning $35K. Rented out for $1500. Then...
I met with a developer yesterday and during our meeting he stated a 40% “preferred” return to partners. That got my attention, and although I do not want to talk numbers here, the point is that he is looking for a loa...
Hey guys this would be my first time attempting the BRRRR strategy. Super nervous but excited. I’m not sure if it’s my market but I’m struggling to find fixer upper deals. I’m only looking on the MLS currently. I feel...
Hey I found a single property home that I think would be a great first time deal. I’ll be using it as a rental property but I’m new to investing so I’m not sure where to start. I’m thinking getting a LLC and buying t...
I have the opportunity to purchase a 4 flat property through owner financing. The seller PREFERS to do owner financing, as opposed to me getting a loan on the property or paying cash. Does that seem odd? I have looked...
Hello lenders and experienced BP investors out there....How realistic is it to ask a conventional lender or private lender to use one property (a SFH owned free and clear), worth $75K, as collateral instead of a down ...
Hello BP Community,I received a lead about a guy who inherited a home from his dad that recently passed away. The son who owns it now wants to sell it quick, but it is in a retirement community that requires the owner...
Hey BP community,
I’m a newbie wholesale investor in Toronto, ON Canada who needs some help in order to better understanding the transaction process regarding wholesale investing.
I understand how to attract motiva...
Hello all, seller is behind 8 months on his mortgage ($3000). The home is vacant but in good condition still. ARV is 65k. Mortgage has a balance of 23k (including past due). Piti is $400 a month. Seller just wants out...