Jacob Scholes
New Build purchase to live in then rent after a year.
29 April 2024 | 2 replies
I learned that I like newer builds, they weren't overly hard to put tenants in, but i did learn that I need to budget more for landscaping up front if its a newly built home.Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Peter Stackhouse
Off the cuff Condo Purchase.
29 April 2024 | 0 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Richard Goore
Loan options on 4-plex in IN
28 April 2024 | 17 replies
It is critical to have a full picture in this market as a lot of lenders seem to be tightening their guidelines.
Alex Bogue
example of Wholesaling deal
29 April 2024 | 1 reply
I think you've got the process generally right, but recommend being as accurate as possible on the cost and the ARV.
Eric White
New Full Time Developer 👋
29 April 2024 | 3 replies
It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..Wishing you the best!
Jawei Kuo
Looking to Convert a Detached Garage/Backyard Storage into an ADU
28 April 2024 | 7 replies
I know a couple of great ADU specialists in the area if you need any recommendations.
Christopher Morris
Fannie Mae Owner Occupied 5%
27 April 2024 | 3 replies
The Fannie guideline change doesn't eliminate the self sufficiency test as FHA still requires that, it just lowers the Fannie down payment for 3-4 units from 25% to 5% and since Fannie has never had a self sufficiency test you avoid that issue.
Casey Kornoelje
Cannabis 1031 —> How Much Can I Buy?
29 April 2024 | 3 replies
Good question @Casey Kornoelje, I'd recommend speaking with an expert like @Whitney Nash
Clayton Fraley
Aspiring Investor with intent to purchase a property in the next 12 months
29 April 2024 | 9 replies
I know there is a lot to learn, and the learning curve is steep, but I am excited to jump in.Hi Clayton, I'd recommend that you look into Columbus Ohio and as someone who works with a lot of out of state investors - there's so many catalysts for why you should invest here.
Jack B.
Why not use stock losses to offset capital gains when selling rental property?
29 April 2024 | 7 replies
@Jack B.Tax planning for an orderly disposal can be fun and highly recommend you work with your team on this.