Jeff Wang
Pay off debt tax-free in 1031 exchange
28 May 2015 | 8 replies
You would have to essentially refinance the family loan as part of the 1031 exchange.Let's say you family gave you 20K towards a property that is now worth 200K.
Scott Lewis
Structuring contract to reduce risk
28 May 2015 | 4 replies
Essentially, you're tying up a property with no money for 30-60 days and then, if you don't find a buyer in time, you can back out of the contract with your clause.
Uwakwe Oko
second mortgage owner that did not receive notice of foreclosure sale
28 May 2015 | 5 replies
In some states constructive notice, essentially posting in a newspaper with adequate circulation, is sufficient for junior liens.
Tracy Killian
First Steps to Real Estate Investing
28 May 2015 | 3 replies
Welcome to BP @Tracy KillianCheck out http://www.biggerpockets.com/real-estate-investingIt is a beginners guide to investing that is a useful tool as you get started.
Myles Ngumezi
Beginners Shot!
28 May 2015 | 1 reply
With the investor, you might want to use some of the tools here on BP to lay out a professionally developed plan and show them that they could earn an attractive return if they were willing to carry the property.
Cody Stone
Best financing option while holding a job
3 June 2015 | 4 replies
These items are not essential to the rehab and not required by FHA, thus okay to leave out of the 203k.
Rollan Dizon
Investor from CA, Stress test my plan!!!
6 March 2016 | 27 replies
Essentially you have "dead equity" and a state of California that can be tenant friendly with your 400k property.If your paper investments are with REIT's their returns cycle heavily.
Chaim K.
Why Shouldn't I Buy A Tax Lien/Deed
15 August 2017 | 14 replies
The question is way too broad.A tax LIEN is essentially an IOU that you are buying from the government.
Jay Raught
Credit Service
29 May 2015 | 2 replies
Lots of them out there that provide essentially the same report (assuming you've had the required home/site inspection and have full access).
JPaul Mills
The 1-2% rule vs. CAP Rate
30 May 2015 | 8 replies
Cap rate is essentially the percentage return you would make on your money if you bought it for cash.