Hi BP,If you have an investment property that you did the BRRR strategy on but want to eventually do a 1031 Exchange, does the capital gains credit based off of the original purchase price or the new loan on the property?

Even with a prior BK on one spouse's credit, with the 10% down payment they already made to me, they should be able to get their own loan.Do any of you Lease-Optionors ever send reminders to your tenant-buyers reminding them of the expiration of their option, so as to light a fire under them to "get a move on"?  

I assume you are referencing out of state taxes because you are in CA which shouldn't be a big deal because CA will be higher than everyone else and you can deduct other states taxes from your CA taxes in the form of a credit.

I only have 2k and my credit is around 638. 

Today was two weeks from the end of my contract period and despite feeling like I did everything asked of me they said I wasn‘t working out and terminated my contract.So to my point, I have a 401k from my previous job worth $80k, $50k after tax, plus about $20k in cash and at least $30k in available credit.

I just closed on my first rental today. how long do I need to wait to apply for a credit card?

@Justin Frye If you're an investor that is looking to grow your portfolio I'd recommend calling the smallest 5-10 banks and/or credit unions in your market.The portfolio lending arena is much more flexible than the conventional space in my experience.

Has anyone had a hard time wholesaling coops in nyc. Because I know most coops go thru board approval for whoever comes in after the seller and to me it always sounded like a lot of extra (paper)work. Am I right or sh...

As for West Arlington, the area north of 287 all the way north to North Green Oaks ( that whole swatch from Cooper street to Fort Worth) has a lot of custom homes, mature neighborhoods, and some streets of decent-looking duplexes. 

In order to get into this property i will most likely have to co sign with a family member since my credit is around 698 and i only make around 42,000 after taxes.