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Hey there BiggerPockets Peeps! Thanks in advance for any help/guidance. Here's our situation. We got lucky and bought a SFH in North Park right before things went wild, so we've got a great interest rate and a steal o...
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I need some help on dissecting financials for this deal. The property is 4 acres with 5 tiny homes and 1 main house (doublewide). All of them currently listed on airbnb. 40 minutes from Gatlinburg. All of them current...
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Hello Everyone! Looking for some help understanding all the tax implications of a CHFA loan. There is an IRS tax recapture if 3 things happen:1. I sell within 9 years2. Make over a certain salary at time of sale3. Pr...
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Hi BP Community,I am trying to figure out how to put together a proposal for a seller financed deal. I am the buyer and my uncle is the seller. I, as the buyer would be proposing the deal to him. I would like to draft...
Hi BP friends. I own a property in Tuckerton, NJ with an ARV of $325k that I’m looking to rehab and rent. Several GC’s have estimated about $100k in work. Being that I own it outright, and only need $125k (budgeting f...
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Hello,I am from Long Island and have a question regarding retirement savings. I have 3 properties (2 rentals one recently purchased) besides my residence and last year did my first flip. That flip did well. My husba...
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Hello, I currently work full time so looking for an out-of-state turnkey property with solid PM. Specifically on the lower end such as Memphis, Dayton, Baltimore, Kansas City, etc. I know some reputable turnkey provid...
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Hello BP community. I'm new and just wanted to introduce myself. I'm a resident of South Lake Tahoe, CA where I bought my first home and am currently rehabbing it. I love the work and I'm looking to buy a second prope...
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Hey guys, I have a family member that has a nice commercial building that's currently rented as a restaurant. It's an attractive building, built in 2003, and has some recent updates (bar addition, new HVAC). The prob...
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I posted another question and they suggested that I are run the numbers, as this is the first property I am feeling my lack of experience. So by way of background, this is in Colorado Springs meaning there are very f...