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We are under contract on a building that is 3 apartments and a storefront. It will require pretty significant repairs including foundation and slate roof. Because of all the particulars, it qualifies for both federa...
Hello, I currently found a landlord in indiana that is trying to retire and offload 4x duplexes ( 8 doors total) as my first potential deal. It sounds like a pretty good deal to me if I can find a form of conventiona...
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Hey guys, I'm currently reading and learning about real estate and even though I feel I am still about 8 months away from actually looking for a property I wanted to know, since I might look into conventional financin...
I realize this will simply come down to bank policies, but I’m curious what’s typical.In the the midst of a 1031 exchange, we qualified for a mortgage on the replacement property at $2.9M, and rate locked in mid July....
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My wife and I have been saving for our first flip, and we are finally ready to take the next step! I have a long history in the carpentry field, and plan to do most of the renovations myself, unless it makes more fina...
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Hi all.. not sure if this is the right forum... but I couldn’t find one that seemed a better match. Anyway, we’re looking for some basic information on portfolio loans.We have a few low value SFR properties that we o...
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Hi I have a friend in Tennessee who bought a home near an army base and has been relocated. He is looking to get out of his loan and isn't trying to make a profit. He wants the ability to buy a new house with his va l...
Hello:
Asking for advice. As a landlord, I have a 'jointly and severally liable agreement' with 4 tenants. The lease is about to expire end of April. Half of the tenants want to move out and the other half wants to s...
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Why Correction Not Crash
There have been a lot of talks on whether or not the housing market is primed for a correction or crash. This is my opinion as to why I believe we will see a correction not a crash.
I think ...
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Hello BP community,I am about 11 hours away from letting my 1031 exchange fail after much back and forth. To defer all taxes, I would need to reinvest at least 250K. Currently, my QI is holding about 110 in capital,...