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8 March 2024 | 3 replies
The closest you could come is buying a duplex that costs twice as much as your 1031 sale property.
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7 March 2024 | 8 replies
Attend workshops, read books, listen to podcasts, and participate in online forums like BiggerPockets.
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8 March 2024 | 5 replies
Purchase price: $60,000 Cash invested: $40,000 Sale price: $125,000 Fix and Flip in Louisville Kentucky.This was our second project in Louisville and it was masterfully done by our crew.We were in there the moment the house closed and our investor was able to sell it in less than 5 months.New roof deck, kitchen, bathroom, flooring, paint.
7 March 2024 | 2 replies
As with all online revenue estimators, allow for room for error.
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7 March 2024 | 11 replies
While reviewing properties online is a great start, sometimes I need some boots on the ground to help me with them.
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8 March 2024 | 13 replies
Maybe negotiate with the family for a lower price that covers you in case you need to list it later for sale.
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8 March 2024 | 8 replies
This is so that the lender may demand full repayment if a property with a mortgage is transferred into an LLC and a due-on-sale provision is triggered.Before putting the property into an LLC, make sure to check with your mortgage lender.
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8 March 2024 | 14 replies
Fannie Mae allows a borrower to transfer title to the property to an LLC that they are the majority members of after closing without it violating the due on sale clause.
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7 March 2024 | 3 replies
There are so many options out there when it comes to joining a firm and online you can't get a real feel of what to expect.
7 March 2024 | 8 replies
Do you have enough money left over from your home sale to finance the 4plex as an investment property (additional 10-15% downpayment.) and then still have enough left over for a downpayment on a new home?