OK so I have never bought a property and there is a 12 unit apartment building for sale nearby($448,000). I have no money saved because I have been paying hard on some old debt. Credit score is 725-ish, yearly incom...
Hey BP people, I created a spreadsheet to help underwrite and analyze airbnb and short term rentals. It includes things like a supply calculator (editable). furniture estimator, mortgage calculator, cash on cash retur...
So I currently have flip that is almost done but past profit point, I wanted to refinance to my name, to sell or rent. My question is , would I get taxed just for difference of loan and sale price, or would the money...
Whadup BiggerPockets!I'm new to REI so I have been doing intensive research about what niche I should focus on to the different investment strategies as well as what kind of properties to invest in. Let me reiterate, ...
Hello everyone!I think I've read everything (on BP forums) regarding 4-plex bought by owner-occupant.Question: Does anyone have recent experience with VA or FHA loan on a property like that?My buyer is concerned about...
found a home that has 6 liens against it from $3k to over $1million. The city charges $75 to do a lien search on property. House is a total rehab gut job that is priced very low in an up and coming area. is it wor...
I am reviewing a multi-family complex for my first investment purchase and would greatly appreciate some experienced insight into my evaluation of the property.... Info provided by seller:Requested Purchase Price - $...
Trying to determine if a cost seg study is worthwhile. Our purchase price was very low $225k and land value about 30% of that. We renovated property doing all the work ourselves so I'm not sure if we can factor in our...
If I buy multi family comm real estate via a RE LLC company with my Roth IRA does the rent income become UBIT taxable ? If the property is paid in cash and later a mortgage is secured does it impact the UBIT questio...
This is my first post, but I've been scouring the forums learning as much as I can. First thing I have to say is that I think BP is amazing. Listening to the podcast's during my commute each day has been informative a...