We became accidental landlords ten years ago. It has been a terrible investment. We are thinking of selling it and am embarrassed to admit I didn't know about depreciation recapture till recently. WTH?
We would now...
When rehabbing a property to flip, do you use window coverings (blinds, drapes, shutters, ...) when you put the property up for sale, or do you just leave the windows bare?
Need some advice and some basic questions about maxing out conventional financing before resorting to commercial financing/DSCR loans for STR. Im trying to figure out how much I can afford on my next acquisition bas...
I have been looking for a 2-4 unit in San Diego for a while. My conclusion is that if you buy in this market right now there's no or very little cash flow, period. So what do investor do in this market? For example I ...
I know the title might sound a bit apples to oranges but I’ll explain. I currently own a house in the Seattle area but I’m transferring to Louisville for work. I can walk away with 160-170k after fees if I sell now. I...
Hello BP family,I am near closing on a substantial cash-out refi with my CA condo (single unit rental). The lender is at a road block with the Fannie Mae/Freddie Mac owner occupancy requirement that at least 50% of th...
Hello, all. I am looking at my first deal and it is a multi family opportunity. I'd like your feedback on this deal. I am new to investing and have limited knowledge of construction and rehabs.A key question I have...
Hi, all. New here. My husband and I have major student loan debt: $80K to be exact. We've been coming up with plans to kill it and at first thought we might sell our current house (we'd make approximately $16K), pay o...
Hi all, new to BP and I fully own one rental with a tenant in place, with another SFR purchase in process that's being partly funded by a HELOC from my primary residence. My plan was to pay for most of the property in...
Investment Info:
Single-family residence fix & flip investment in Crestview.
Purchase price: $73,000
Cash invested: $250
Sale price: $177,000
Great starter flip! Overall, the deal netted $40,...