Matthew Posteraro
Conservative Scaling for House Hacking
29 January 2025 | 10 replies
There are quite a number of things that can make utilizing an FHA loan more difficult such as more barriers during appraisal, appearance of low qualification/little cash, typically longer closing period, likely higher interest rate, and PMI cannot be dropped without a refinance if 3.5% down.That said, just chain 5% down conventional loans, and make sure your duplexes pay for themselves.
Jonathan Small
DIY or hire help for taxes?
23 January 2025 | 7 replies
It seems they have crossed into CPA territory and no longer need do it themselves.
Craig Sparling
Exclusive right to rep (A post Burnet et Al world) for Real Estate investors
15 January 2025 | 2 replies
I’d offer to sign the form if I was allowed to cross out everything between brokerage firm and during the terms.
Christina Galdieri
1031 Exchange for a small business?
28 January 2025 | 6 replies
Since the real estate is part of the transaction you can't do the 1031 exchange.You could consider an installment sale, to potentially spread the tax liability over several years.
Tina Artigliere
Quest Trust Suddenly Closed down Administration on their Solo 401K Plans
17 January 2025 | 24 replies
Make sure every dime is deposited into the trust account.Private lending, like syndication investing, doesn’t involve many transactions.
Matthew Paul
L.A county California fires
22 January 2025 | 13 replies
Donating money to large (FEMA, Red Cross), local organizations or Go Fund Me pages would be the quickest way.
Steve Mitrano
Flagstar Bank & LLC Transfer
12 January 2025 | 8 replies
Hopefully your lawyer also mentioned insurance- title and hazard.A quitclaim deed transfer can hurt your title chain and title insurance.
Jaren Taylor
New to Apartment Investing
27 January 2025 | 4 replies
Very Simple @Jaren Taylor.You need an SEC attorney that specializes in Syndicates and more than likely a transaction attorney to set these up for you.
Izraul Hidashi
If a Borrowers Promissory Note Funds a Loan Who Is The Creditor?
15 January 2025 | 34 replies
In this type of transaction, there is no investor, only notes.
Ike Okwerekwu
Property Manager Referrals
27 January 2025 | 7 replies
@Ike Okwerekwu Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.