I have a deadweight property in MPLS, MN that is actually now costing me money. Long story short, it's a Condo that has had recent HOA increases over the years and is now cashflow negative. Is it feasible to sell th...
Could use ya'lls thoughts. Here's the deal I'm under contract on...120 purchase, 2.875 rate, 10% down, conventional (2nd home I have to buy this as)...house needs rehab...assuming about 20ish. so 140 all in, 160-165 A...
I haven’t built any duplexes but I want some mortgage advice here. My thought is that I could build 10 units (5 duplexes). I could build these and have 20% equity in them. Cost would be somewhere around $900k and woul...
Hello,
I am Mark Ledwell and am currently 22 years old just finishing up school getting my bachelor degree and working towards my relator license. I really love real estate and want to invest in assets that will gen...
I have a seller that wants to sell me a house for $240k. He paid $90k. There is a $200k HELOC on it which they used to build their $600k house which is free and clear...technically. I am trying to convince them t...
I have some very high goals in mind for where I want to be in 20 years, but I'm just wondering how long it might take a savvy investor starting with zero properties and $20,000/yr in disposable income to realize en...
I purchase an 1800 square ft and 4 bedroom for about 450k one year ago. Main reason we focused on this area is the schools. Three days after we purchased they announced middle school boundary change and the new middle...
Hi all!Writing from the Northern Virginia/Loudoun County region this morning. Simply needed a place to 'brain blast' and get some feedback on a potential investment strategy for my family and I. For context, I work fu...
Hello. I’m planning on purchasing a cabin in Big Bear, CA and renting it out on AirBNB. Where to start? Do I rather to open up an LLC first? Any good real estate lawyer in SoCal? Appreciate any info
Hello BP community,
I hear that buying a rental property as a person yields a better interest rate than buying as an LLC. I also understand the costs associated with the property transfer from a person to LLC, as we...