I have an opportunity in Syracuse, NY to buy my first rental property using owner financing. The property is a duplex with one unit just rehabbed and currently vacant and the other unit currently renting for $800 but ...
So here is my question... should I do a 1031 exchange on my rental property to buy a house that I could pay off after 2 years with the equity I have in my current home??? Currently I only cash flow about $250 a month ...
View report*This link comes directly from our calculators, based on information input by the member who posted.This will be a house hack at first till I can save enough up to move out. These numbers a...
Hi BP community.I've been listening to the podcast and reading the forums on BP for the past 2 months and just wanted to say all the information found on this site is priceless!I know I am not the first person asking ...
what was the first property purchase you made? What market did you invest in? And what was your approach financially in your first property? Thank you guys so much for being such a great community thank you for answ...
are the following expenses allowable?1. Travel expenses to visit a property out of state for inspection and purchase2. Furnishings for new property
I am trying to understand the procedure for qualifying income ratios for Fannie mortgages. Investor or owner occupied.How do they count rental income from new purchase? I understand for existing rental properties the...
I'm looking to buy a value-add property in the Kansas City area and essentially doing the BRRRR method. My thought is to buy a livable home that needs some TLC and maybe doesn't cash flow immediately but if I were to ...
Here’s what I have. Lady has stopped making payments on her home in Dec. after 5 years of on time payments. Health issues, can no longer afford the home. Has left the home and lives with relative now. Last week a sher...
Hi everyone,My name's Nate and I'm a 24 year old senior finance student who's interested in real estate investing, acquisitions, and development. About MeI initially started out as a civil engineering major and intern...