I was a co-borrower on an FHA loan for my daughter’s first home a Duplex. A month into this, and after being approved, under contract, inspections completed, two weeks till closing, the lender calls me and says “we’v...
In 2019 I decided to start using a CPA that specialized in REI to help me with tax planning. The CPA was actually recommended on the BP forums. I paid in late 2019, and handed over my documents in March 2020. Despite...
Hi, My name is Jarred. I've recently moved back to Spokane from Wi. I have limited experience in REI. I'm an avid BP podcast listener and reader. I have 5 years of experience in Carpentry and construction. Thi...
Investment Info:
Large multi-family (5+ units) buy & hold investment in Sioux City.
Purchase price: $48,500
Cash invested: $28,000
This was a small multifamily deal, 4 unit conversion, that was i...
Hello all!My wife and I are preparing to finalize a refinance on our home in the coming weeks. We have a lot of equity in our home, so we’re going to be able to pull out a substantial amount of capital. That being sai...
I have a question for my Bigger Pockets Community friends. I have found a prime piece of land in Myrtle Beach SC that is not on the market in my area. Near everything, 1.1 acres, zoned "Highway Commercial" which cou...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $20,000
Cash invested: $12,000
My first attempt at managing a complete BRRRR but instead of refinancing into a l...
So I’m about to get my real estate license in Georgia. I send direct mail with generic “I want to buy your house” type stuff. I’m not advertising to list properties. In fact, even if the customer wanted to list I woul...
You will see this sometimes: a bright orange-colored notice stuck on the front door of a rundown home. It’s usually a notice of condemnation issued by the local county/city. It means that the county will demolish the ...
I have a question or two for those who write offers often.
Here's the scenario: I want to put in an offer on a 2/2 condo that is rent ready. The asking $ is 76K, however, I had my realtor comp it and it came back at ...