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My name is Bracey and I live in Northwest Georgia along with my beautiful wife, and our one year old son. My wife and I are looking to begin our real estate investing, by using the buy and hold strategy, as one of ou...
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Ok, so hi, I'm new to these forums... :-)I live in NY and I want to form an LLC in NJ. I will be moving to NJ in Oct/Nov anyway but mainly because, as we all know, NY has the ridiculous law that forces you to "publish...
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Explaining the Loan Process - Mortgage UnderwritingPlease note: Slight discrepancies in this process may occur as lenders may designate responsibilities differently among loan processors and underwriters.Your mortgage...
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HiI am planning to submit an offer on a rental property in B/C area in a small city close to Dallas Metroplex. Below are the details and can you please advice me, if this is something worth pursuing. Sale price : $210...
Hey BP, I'm going to be brief here. I'm planning on purchasing a primary residence in Cleveland, OH between $85,000-$100,000. I would then get a hard money loan, $10,000-$20,000, to rehab/update the home. Can I the...
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I was trying to wrap my head around what my tax basis would be for a property. Because i refinanced it from my LLC (multimember to my name), and sold it in few months, what would be the property original cost basis? ...
My wife and I are looking to sell our home in Seattle to move to SD to start investing. We’ll have a bit of cash to start (nothing crazy).Just curious of what has been good first steps in buying, getting financing wit...
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Hey Guys,
I've found a few properties which meet my cash flow requirements (over $100 unit) with 8% vacancy/repairs/capex and 10% property management costs with over 12% cash on cash return. Starting out, I'm still s...
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Bought a 15 unit MHP fixer upper,was wondering since I will be buying a lot of supplies in the near future. would a business license help me or hurt me starting out?
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Hey BP!New Investor starting in Massachusetts, and having very ambitious thoughts that I’ll be able to have my first investment in the next 6-8 months. My first property I’m hoping to house hack, and have 1-2 units in...