Hey BP Family!We've got a property under contract that we would like to BRRRR. We are doing a hard money loan for acquisition and rehab. All of the Lenders we have spoken to (3 local ones now) have said that in order ...
At great personal cost, it appears that my wife and I will be receiving an inheritance sufficient to pay off our house and possibly allow me to retire very soon. What are the tax implication of such a transaction? W...
Just curious how many of you use creative financing techniques? My wife and I are "newbies" and are looking to purchase our 1st home that can provide positive cash flow. We would like to put no $$$ down. What are o...
Hello, I am looking for guidance. I have personally done 4 flips, one was a hold/rental that I eventually flipped and old, one was a house hack, and two I did out of market with HML(my first two were out of pocket) 1 ...
Finally got the owners of a property to sell. It's 4 brothers who are the heirs. The parent have been deceased for many years, but the brothers kept paying the taxes and insurance. Deed is still in parents name.
Howev...
A common question I see on the forums relates to where we are in the real estate cycle and whether or not now is a good time to invest. You should absolutely keep looking to buy, but do it eyes wide open with a full u...
Hello, everyone!My name is Mayne. I recently moved to Connecticut as of September from my hometown of Cincinnati, Ohio. I am looking to expand my network and meet any local investors and Real Estate professionals! I a...
Is there a way to search local departments to find out if someone has borrowed against a property? An investment partner owns a 1.8 million multi-family (3 units). One unit is rented, the other two are not in good sha...
If you are a CA resident searching about Asset Protection one option for your, if you qualify, is the Private Retirement Plan (PRP) which provides one of the highest levels of protection for your assets. PRPs are ide...
Thank you ahead of time for your input.
Situation:
I purchased and flipped a house in Phoenixville Pa. Very nice 3br single home in a nice area. We did a COMPLETE rehab on the property including roof,si...