Justin Williams
I have a few questions
A friend of the family owns, free and clear, an abandoned SFH (1200sqft 4bed/1bath) in need of gut rehab. Currently 5 years behind on taxes (~10k in taxes owed). He wants to give me title to the property. How can I to...
Charles Chiu
Does this make sense ?
Hi I am a newbie to BRRR and I am looking at a potential first deal. Here are the numbers and the way i think of it. I would love to hear your opinions. Thanks in advanced.purchase price: 150krehab estimate: 180-200kA...
Jeff L.
Explain to me how "Trading Up" a house after a few years works?
I've heard of this strategy where, instead of holding and renting a property for the length of the 30 year mortgage, you only keep it for a few years and then "trade up" to 2 properties or a better property. And you b...
Rafael Floresta
Estimating indoor repairs for a foreclosure
I got the gist of foreclosure auction here in my area, but I am still unsure of how I should estimate indoor repairs for foreclosures. I can estimate things like siding, roof, grading by driving by, but most of the...
Kyle Reynolds
Should I Sell or Rent Out My Home? Weighing Investment vs. Cash Flow Concerns
Hi BP Community,
I'm looking for advice on whether I should rent out or sell my home in Sacramento, CA. I’m moving out of the house soon and will be living rent-free with my wife at my parents' place in the Bay Area ...
Taye N.
Need Money For a FLIP using another house for collateral
So I found a property that I would like to buy and flip the price is 1m. I don't have the cash to buy it. My partner has a home that is paid off and want to use the equity to purchase this home to flip.The house is wo...
Daniel Demint
Cash-Out Refinance for an Investment Property
Hi All! I'm brand new to Bigger Pockets and I'm looking for some information in this amazing community. My Fiancee and I purchased a HUD home 14 months ago to be Owner Occupants. We paid 26 for it, it appraised at 54 ...
Charles E Bernard Jr
Roth IRA to fund a Turnkey property
I am 68 years old. My Roth IRA was opened five years ago in August 2019. I have been contributing regularly to it. Is there any reason I can’t take the whole amount out of the Roth IRA to purchase my first turnkey pro...
Bear Geiger
Tax free land exchange. (not 1031)
I am trying to set up a deal whereby a few vacant lots in a subdivision are exchanged for a house of similar value. Is there a way to set this up without selling each property, but using some sort of direct swap? Pr...
Roger Roberts
i have about 800k in equity in which im the trustee of an estate
I'm looking for advice , contacted a trustee loan company that uses private money to assist heirs. http://www.closeprobate.com/ ltv 50% as collateral
5 year plan at 12% meaning I'm thinking of investin...