Jason King
Rochester NY a good market?
Hello,
I am new to Bp and i would like to start investing in the upstate NY area. I would like to buy and hold to build up my income. I have 60k in cash and wanted to purchase a home for around 35k and put 20k into i...
Lauren Sherer
ADU in Arvada - owner required to live on-site
I'm considering building an ADU in my backyard for rental income but just found out the city of arvada (in colorado) would require the owner to live on site, either in the primary residence or in the ADU if an ADU was...
Matt Ryan
Financing for Construction on Empty Lot
Hi,I have an empty lot that I would like to build on but have some concerns about financing and building. Here is my strategy so far, would like to know if anyone sees any issues.Based on what I have read, it is almos...
Shantel Wimbush
How to fund investment property in Detroit
Hi everyone,I am a new member to BiggerPockets and very new to real estate but I’m looking to start investing in Detroit. I bought my house about 4 years ago for about $57,000 and according to estimates from Zillow, R...
Noah McPherson
Lines of credit with no job and little income
I'm 23, and over the past year and a half, I've purchased two duplexes. Now, I'm looking to buy a third property, and I'm actively looking for ways to do BRRRRs with no money down. One potential way I'm considering is...
Shane Abbott
Inherited property just barely breaking even.
My dad passed away when I was very young. He left me with this one investment property that I now don't know what to do with. I've become super invested in the REI world and want to start making my own investments. Ho...
Jeff Helm
Land Contract - Minimize Risk for Due on Sales Clause?
Hi BG folks, I was hoping you could help me out with this situation.I have a seller who would like to sell me his house on LC, with $9K down payment. We both want to do this so that in 6 months I can cash-out refinan...
Ryan Plummer
I may have a deal, but I need help with creative financing
I recently met a gentleman that owns a couple rental properties with his 2 sisters. He loves the cashflow and sees the benefits, however, the sisters both want out and hate dealing with any of it. They put both prop...
Jason Riddle
With depreciation recapture, why depreciate an asset at all?
I'm not going pretend that I understand anything about how the tax side of things work, but I was reading this article the other day by Michael Plaks (not sure how to tag people, sorry).https://www.biggerpockets.com/....
Naresh Achary Vadla
confused between selling or keeping as long term rental - Seattle home
Hi, I am bit of confused between selling or keeping as long term rental regarding a property that I own in Seattle area. (Bothell WA).
I wonder any of your inputs might help to narrow down my options.
My property is...