HI BP Members!I currently own a retail business in Brooklyn NY and am ready to expand my investments into real estate. OOS multi-family is the goal. I'd like to take the first step of getting an idea of what I could q...
If I did two flips last year can I file both as capital gains or would I be considered a dealer and have to do a sch C? Both were held less than a year. Thanks
Hi all - I am about to put an offer on my first flip and am hoping for some input on permits, codes, and DIY. As my dad is a licensed contractor in Rhode Island and as I am very handy as well although not licensed, I'...
Hello,I’m in need of some guidance...I had a homeowner contact me and ask for assistance in selling their home to a cash buyer. The only thing is that the property in on the market with a realtor. Can someone advice...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Union City.
Purchase price: $420,000
Cash invested: $420,000
Purchased my first multi-family investment property. Sold my ...
Howdy!I've been in sponge mode for a while now just soaking up all the great info and opinions to be had here. The time has come, I think, to introduce myself. (*Deep breath.*) Here goes.My name is Charles and I'm a c...
Hello BP Community! I wanted to formerly introduce myself. My name is Ron Deysher and I am fairly new to the BP website and extremely new to Real Estate Investing. I have a full-time job in the Pharmaceutical industr...
My father in law owns a cottage on a lake on the Maine/NH border. Due to where he is in his life, he's done with it (he's healthy enough, just getting sick of dealing with it). Before the end of 2014 it will be pass...
Does anyone out there know if there is a DSCR loan that has its repayment amount based on cash flow of the property? I am talking about something like ARM loan, but instead of having floating interest rate pegged o...
Hi All!I'm an OOS investor with a few properties in the midwest. I'm currently evaluating the Memphis market and would love to start hearing from some people who are in town. I'm looking to identify different areas th...