Hi, I've been doing some research and was wondering if anyone out there has used business credit to purchase new properties and then refinance to pay the card off after the seasoning period? It seems like a great idea...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $3,750,000
Cash invested: $850,000
Value-add, three property portfolio.
69 units
$3.75M
80% LTC bridge loan...
Hello BP community - i was looking at IRS website to see if I can deduct closing costs for all the properties i purchased in 2020
Ref: https://www.irs.gov/faqs/sale-...
FROM IRS Website-----------------------------...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $270,000
Cash invested: $100,000
We recently closed a successful investment deal on a duplex that we acquire...
Hello, BP community!I am putting together business plan, and as a stage number one of it I am considering flipping land - acquiring raw land and creating a project for a house with all the plans and permits, ready to ...
I have a lead on a multi-use property that could be intriguing. It is FSBO, owner is old school and simply looking to get rid of the headaches associated with being a landlord and fund his retirement. It has 2 apartme...
I recently purchased a multiunit property remotely and have since found out that the seller and his rental management company failed to disclose all of the tenants. In addition, a lot of the paperwork on the existing ...
Hello Bigger Pockets professionals!
I know most don't have a bunch of time, so I'll keep it short.
My wife and I own and manage our own multifamily property just outside of Portland, Oregon. We have owned and oper...
Is a cost segregation study worth having done if you own only one duplex?
I was looking through the Harris County Tax website today and came across an interesting scenario. As a new investor, I'm looking for some advice on how to proceed.Harris County tax authority is foreclosing on a prope...