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I have a leverage question, would you spend $90k to get a property with a $1300 mortgage when comps in the market would be closer to $2200?If I go VA, I could get a similar property for no money down but have that $22...
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BP investors,I have one 4 plex in this part of town, 66102, and I am looking at a SFR in 66101. The community is mostly minorities. This particular section that I am looking at a SFR in is more Hispanic. But there are...
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Ok seasoned spec builders,What is your most cost effective/profitable home plan? In other words what building type uses the least amount of material, yet still gets high $ per sq. ft? Ranch, split-entry, two-story, tr...
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just a quick couple of questions about this topic.. 1 - how much do i need in my 401K to qualify for a self directed IRA.. i have around $23,000 in my 401K2 - do i need to quit my current job to get the ball rolling o...
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I'm in the middle of a 203K renovation and had drawings done before close in October. Unfortunately, the contractor the architect recommended did not follow the plans and I am in need of new drawings. Can I get anothe...
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Good evening all,
New to the site and just checking things out here! I have no background in real estate, but I have worked commercial construction for the last 14 years. I partnered up with a co-worker and ...
Hello BP community!I have not been very active on the forums, however I have been educating myself on this website while I finished college for the past two years! My fiancé and I finally feel like we are prepared to ...
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hello all just looking for some input. My plan is to use overdraft line of protection (10,000) to try and buy a cheap property at local tax auction. I will then rent that out and see about a heloc on that house to obt...
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Specifically, I'm looking at a setup very much like what is described in This IRS Publication In fact, this wording in the IRS publication is effectively (similar, but a little different)what we are planning to do: "...
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Hello BP family! Newbie here and looking for some insights..
we are actively looking for the properties to househack then BRRR, we plan to rent as midterm. I have this 2 properties in Orlando we looking at. Both w...