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Sometimes its tricky finding answers to very basic questions but I need to verify that an appraisal report is usually the current as is value on a property, is that correct. Is an appraisal the minimum current value o...
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Sometimes I feel a bit slow. I've been reading and listening intently x 2 years. We tried to refi last year but the appraisal came in waaaay lower than expected. We would have paid about 4k for a 14k cash out refi....
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I'm new to Bigger Pockets, located in the Chicago area, and an interested investor. I'm actively researching my first investment property to buy, rehab and rent. I've scouted places both physically and online in Milwa...
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If you purchase an existing LLC that holds real property do you avoid transfer tax?
Do you keep the existing basis?
If anyone has done this an can elaborate on The pros / cons I would appreciate it. I'm going to co...
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Hi Everyone,
I am new to BiggerPockets, and like many others, I have fallen in love with the lively community and wealth of information. Everyone seems to be very helpful and I hope I can pay it forward!
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Hello all!Looking for help from those who know zoning regulations in Georgia, specifically in East Point, metro AtlantaI purchased a multifamily property a few months ago where I found out after buying it that the cit...
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Last year in September I purchased my first solo investment property. It is single lot with a SFH and a separate duplex on it. I purchased it for $96,000 and it generates $1700 a month in rent, with a 15 year mortgage...
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I have come across what may be a fantastic opportunity for a flip ( **I HAVE NOT YET LOOKED AT THE HOME SO I AM NOT CERTAIN ** ) ... purchase price and rehab costs come in around 66% of resale value and the average ti...
"Cash" in the real estate realm seems to be a relatively simple concept, but I'm often confused as a newer investor because I feel as if the term is thrown around often but has a different meaning for different instan...