View reportI had to customize a bit. We are purchasing the property for $1,050,000 and doing $250K worth of work to it, hence the aquisition price of $1.3mil, but then the loan amount changes, so this is an imperfect...
Good Evening All,My name is Sean, and after much thought and silent browsing on this site I have decided I want to follow through in trying to sell and connect Chinese buyers with USA properties. I have recently read ...
Happy Mother’s Day weekend BiggerPockets family! My partner and I are looking to get our plans underway on buy and hold rental properties and I think a concern is going to be on lenders who have a minimum loan amount...
Hi all! I would like to understand what general tax benefits exist if 100% of rental profits are reinvested into new properties.I own, through a LLC, a few rentals which are fully paid for, and am in the position to ...
Hello,
We paid 485k for our home in 2010. After a recent refinance it was appraised at 550k. We owe 377k @ 3.25% fixed. Our PITI is 2100/mo. PI is 1700/mo.
A home identical to ours a block away is listed on the ...
[b]I have a lead on a home for $22K owner will finance with $2500 down. I offered $500 per month for three years with a baloon. HUD tenants in place paying $700 per month.
The home does need work roof, windows, and I...
1. If a deal is really a good deal why would you want to wholesale it to someone else? It just doesn't make sense me.
2. I hear about people who wholesale REO's. How is this possible? Why wouldn't investors who bu...
Hi BP,
Can you BRRRR a turnkey property? At least pull out a majority of your investment? Obviously depends on scenario etc but generally speaking. I know it depends on goals and the goals is keep as much of my cap...
This video on youtube was super detailed and entertaining. I listened to it on the way to my 40-minute commute to work. This had a lot of good information and definitely wanting to do this in the future once I find a ...
Hello Everyone!This is my first post on BP and I am hoping to get a question answered or perhaps some advice on a potential scenario. My backstory to this scenario, being that I have some capital for a down payment on...