A lady walked inside my rehab yesterday while I was installing some window casing. She was interested so I gave her the tour. She told me that, " you might have just sold this house". I've heard this throughout my ...
I am trying to figure out how to structure a mortgage and with whom if I sell a multifam building and acquire several units with equal or more value and debt. Are there particular lenders that are more advantageous th...
The seller is asking $250k on a 2,500ft commercial building built in the '40s and renovated in the '90s. It needs renovating again.Good location in a downtown area of a 60,000 pop. city an hour outside of Atlanta.Base...
I work as part of the acquisitions team for a local real estate and development company and I am trying to get a better understanding of the various criteria buy-and-hold investors consider when looking at deals. I kn...
Hello BP partners,
Im looking to buy a 4 unit family home for 225k. I want to analyze the numbers before I contact a realtor. With just having the NOI and the total expenses what will that help me find out about the ...
Hi everyone ,So I was curious as to the correct steps one would take when wholesaling using a trust. Here is my understanding :1. Establish a corporation 2. Establish a trust (this trust would be used to list my endbu...
Hi all, I'm having trouble pin pointing an offer for an SFR short sale. The house is about 1,500 sq. ft. with an stone foundation that needs piers. I got a bid and found out it would cost 25-30k, and also comes with a...
What is capital gain tax rate on sale of rental property? Is it based on income? My income is only 35K.
If the property being foreclosed by the first mortgage( initiated 2003), the line of credit debt which is taken out later date(initiated 2007/2017) than the first mortgage would wipe out? Appreciate your advice always
Investment Info:
Single-family residence fix & flip investment in Mooresboro.
Purchase price: $70,000
Cash invested: $40,000
Sale price: $150,000
Signal family flip
What made you in...