Thinking of buying land and building a sfh and selling immediately after. How do developers avoid Capital gains taxes? WhAt is the best way to go about this to sell the home for a profit?
Thanks!
Hi, as an international resident interested in real estate investing in the US, with no credit or bank history there, I wonder if I could get a motgage over a first property bought cash, in order to get leverage for ...
I’m struggling to understand how a cash out refi works when using hard money, specifically how the equity works. I’m considering using hard money to flip a sfr but refi rather than sell (BRRRR). Let’s say I put 5-10% ...
Last year I stumbled upon bigger pockets after deciding I didn’t want to work for someone else for the rest of my life. Today I got an offer accepted on my first real estate deal(seller financed) in the Indianapolis a...
Hi all, my duplex has some spots in the basement I would like to shore up with lally columns for future support. A prior Structural Engineer stopped and looked it and said it's fine overall but some spots could use a...
what is the best way to get the short-term financing for a brrrr deal? I'm yet to buy my first property and would like to use the brrrr method to make my initial investment go farther. The problem I see is that I will...
Hey everyone, Haven't posted here in awhile. Just want some insight from the community here on older wood-frame condos. If I do my due diligence on the property and check for the basics (leaks, piping etc.) and it all...
Just really curious on everyone's take on this, and I'm sure it varies person to person. My wife and I are on year 3 of dedicated real estate investing. Currently we have closed on and are remodeling 2 duplexes, manag...
Hello all,I just bought a condo down in Hyde Park and am moving from my current rental in a 1 bedroom apartment in Pilsen. The place in Pilsen is pretty cool, on 18th, exposed brick, back patio, parking, and new appl...
A common rule of thumb on here is rents should be 2% of purchase price. However, through MLS I am lucky to see rents at 1% purchase price. I am new to RE investing, is this the margins that MA usually operates under?