Michael P. Delaney
1031 Exchange Rules & Capital Gains
19 March 2021 | 9 replies
They're quite a bit more expensive (think several thousand dollars more expensive) than a regular 1031.
John Lynagh
Regularly Operating at a Loss?
1 May 2020 | 9 replies
Hi BP community,I'm finally purchasing my first property (to start house hacking). I'm trying to do my due diligence in examining the Condo Association's finances and would greatly appreciate your take on my situation...
Wesley Pittman
What Terms/Rate Did You Get on Your Recent QM Investment Loan?
2 April 2020 | 0 replies
Howdy BP,I have a duplex in a 1st Lien HELOC that I'm looking to refinance into a regular 30-year mortgage.
John Hyre
Wholesaling in retirement accounts not legit
2 April 2020 | 3 replies
I’d note that the excess contribution and the penalty thereon continue every year into perpetuity until the excess contribution is pulled out or slowly converted to a regular contribution at the rate of $5,500 ($6,500 if IRA owner is 50+ years old) per year.In light of this case, I think that the Court would certainly view an IRA with the described assignment deal as “not at risk” – all it has in the deal is $100.
Daniel Dietz
COVID-19 EIDL "Non-Recourse" Loans for SDIRAs & SOLO401Ks?
9 April 2020 | 3 replies
As for my real estate investing business(s) I hold properties in both a 'regular cash LLC' and also 2 other LLCs, that are owned by my SDIRA and my SOLO401K.
Raynaldo Baker
Throwing out ideas to increase occupancy
2 April 2020 | 0 replies
Throwing out ideas to increase occupancy…What if you were one of the only hosts to offer free food delivery in the form of gift cards or coupon codes at a time when no one wants to go to the grocery store and they HAVE to order takeout/delivery?
Jim Carmichael
Recession, Crash or Steady as She goes? Part 2 It’s Happening
3 April 2020 | 1 reply
You still have to make your regular payment and any balance you have.
Robert Ikard Jr.
Bank Financing for Vacant Investment House
2 April 2020 | 2 replies
The main issue I am asking is since the property would not be income producing when it is bought would a regular bank be willing to finance that?
Adem Karaduz
Listing Property prior to closing
3 April 2020 | 9 replies
Apparently he does this on a regular basis by putting a contract on a property, and listing it on the MLS before closing.
Account Closed
Advice for a 26 year old with $400k cash
2 April 2020 | 4 replies
(I can’t use leverage to invest in real estate at the moment because having debt makes it very difficult for me to get a regular morgage.