I just went through two 1031 exchanges this past year and now Upon finalizing my taxes my CPA is telling me I owe capital gains because my loans on the newly purchased properties are less than the loans I had on the p...
My primary residence is worth between $775K and $800K. I'm a realtor so that value should be very close to accurate. I have a first loan at $384K and I'm looking to get a HELOC (home equity line of credit) for between...
Good afternoon,I have made numerous financial mistakes and I'm tired of it. I want real estate to be part of my investment portfolio and I think I have an interesting way to do it... Please critique my plan.I currentl...
I've been investing in 1-4 unit investment buildings (buy and hold) and recently have begun to look into apartment complexes. After reading a lot about creative ways to fund the down payment by partnering with privat...
so Im 22. I live in Georgia. I recently graduated college and got a entry level job. I make around 48k a year working full time (40 hours a week). I have a 401k I invest 7% in and my company matches 5.1%. I also have ...
Hello,
I'm new to REI, a month ago I wouldn't even know what REI stood for... I am looking at two properties, in the same area.
Duplex:
Listed 67k
2 BR UPR 425, includes washer, dryer, stove and ref
3 BR LWR 675 inc...
Hello BP community, I invested SDIRA funds as an equity partner to fund a high value house flip in the LA area. The contract was done via an Op Agreement / Promissory Note. However, the flipper miscalculated rehab c...
Hello BP community, after reading J. Scott book and Bigger Pockets Podcast, I decided to post for the first time. So here is my first question for you all
Should I buy this House? What am I not looki...
Trying to make this deal work!
Cash Price: $129K'
Rehab Costs $100k
ARV: $265-285
Initial plan was to have an GC purchase house cash, get hard money for rehab and the flip it to my partner and I. However he has de...
I (a trust) owns an LLC that owns a home (480k value) free & clear in WA state. It's technically an investment home as my dad lives in it and pays the LLC rent. Idea is to use some equity in the house to make a fe...