I am a full time maintenance technician for an apartment complex. But like anyone I want to be my own boss. I have all the skills and attributes to make a home beautiful. Basically I've narrowed it down to flipping or...
Hello BP,I am new to this. I always wanted to have rentals, and since I am buying a bigger home for my family, I thought its a great opportunity to start by renting my current house.Its a regular starter home 3 bed 2 ...
I have a super-motivated seller but he says the house is in foreclose. I asked if he got a Notice of Default or Trustee Sale and he said yes. It's listed on Auction.com; that means the bank took possession so he can n...
Hi all. So there is a house down the street from me that has been unoccupied in the 5 1/2 years that we have lived at our current home. I am currently looking for my first property to buy rehab and flip and this one d...
I am about to sign a lease with a tenant who is paying the whole year upfront. It is mid November and I am concerned about having 10.5 months of rental income for 2016 being on my 2015 tax return. This will raise my t...
I’m trying to make extra money by wholesaling houses or even land. So how exactly do I do it? Let’s say I found the distressed property that’s not on Zillow or anywhere. I get the owners information and we get a deal ...
I just purchased my first commercial building with a cash offer. Now I will need a loan to renovate the whole building. What are my options? I heard Line of credit, cash out refinance, delayed financed. Is their other...
Hi BP - I'm looking to make an offer on a MF - my first purchase ever. I'm wondering if my inputs/estimates are accurate, bc I can't seem to get the cashflow. Asking price is 399K. Note that I am in the NY tri-state, ...
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Hey BP community- I'm looking to refi/pull cash out of a duplex that I've owned for 14 months. After doing major work, it's been fully rented for about 10 months. I don't currently have a mortgage and lenders I've tal...