I own a historical 1920s home that qualifies for the Mills Act, which reduces my property tax by about 40%. There are over hundreds of homes like this in my area. Because this is an older home, there is some wacky zon...
Hi All,I have signed a purchase and sales agreement for Bank Owned property and my rate with bank is locked and got expired on 10/16/2015.For extending the locking rate mortgage company is asking $140 for week and I a...
I own a 2nd floor condo, which I rent to a tenant. There is a nice neighbor woman downstairs with the identical unit. When I bought my unit, her bathroom ceiling was literally caving in because the previous owners for...
Hey BP,I’m about ready to hop into the wholesaling game in Houston, Texas. I’ve been doing my research, crunching practice numbers, and learning the market. However one aspect of the wholesale process I still am curio...
I have an opportunity to purchase a house that just needs some flooring, paint, and appliances to finish it up. It’s been more than 2 years since I owned a home. I may pull some money from IRA using the first time hom...
I did a search but didn't find what I was looking for. I hope that this thread will turn in to a good amount of information that other people looking to purchase a mobile home on leased land can learn from.
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Here is something I'd like to hear (read...) your opinion about.
It was brought to my attention by a member of BP and it seems like a wonderful idea. . Lets say that you bought a property using cash and now it's free ...
My lender is telling me 4 days out from closing that I can't use 1031 funds to buy a vacation home. Is that valid?I sold a rental in March, and used over half the 1031 value to buy another rental, and planned to use t...
Hey everyone (lenders and investors alike),I hope you all have been staying healthy and sane during all of this.A very good friend and are looking to invest in real estate. We actually found a property in Philly that...
I've seen some posts on the forum about hard money lenders "requiring" an LLC for them to loan money. Can anyone share their experience borrowing hard money either through an LLC or as an individual?Thank you in advance!