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5 February 2025 | 5 replies
If you die while holding the property, it gets a stepped up value and all the gain is tax free.If rental the taxes can be deferred via a 1031 and if you die while holding it, it gets the stepped up bases with gain forgiven.Hopefully the numbers provide some example of possibilities.
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5 February 2025 | 5 replies
Be sure to calculate the impact this might have on your ROI.Fees: Be prepared for additional fees, such as origination fees, appraisal fees, and possible prepayment penalties.Things to Consider:Loan Terms: Understand the interest rate, the loan term, and any repayment penalties.
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5 February 2025 | 15 replies
It's possible that your tenants are using something like that and then bringing the stuff down to dry it.
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8 February 2025 | 6 replies
It's possible that they may only allow 10% of the overall assets to be redeemed at any regular interval.
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11 February 2025 | 0 replies
Looking to possibly start investing with some whole sale properties and land.
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4 February 2025 | 10 replies
Seems like I could possibly get a duplex with that kind of down payment.
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4 February 2025 | 7 replies
From my experience working with over 400 investors, financing your first deal with minimal out-of-pocket expenses is entirely possible, you just need the right strategy.
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11 February 2025 | 4 replies
It’s always good to have an extra bedroom if possible, as it can attract more tenants or allow for house-hacking opportunities.
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6 February 2025 | 10 replies
BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.
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10 February 2025 | 20 replies
I live in Florida and willing to move to whatever city I can implement BRRRR estrategy, here in Miami doesn't seem possible.