Blake Winiecki
New Investor in Southwest Florida
15 January 2025 | 12 replies
There's a few different ways to focus on a lower rate such as with house hacking and making the investment your primary residence, requesting a significant closing credit from the sellers for standard rate buy-downs (which I've had great success with recently), or utilizing lenders who offer short term rate lowering solutions such as 2-1 rate buy downs (again, ideally paid for by the sellers).
Polat Caglayan
Detroit or Cleveland?
17 January 2025 | 27 replies
There's a big disconnect in Detroit's home prices vs the progress there, and I believe it will continue to close.
Tim Hem
Capital Gains and IRS Publication 523
9 January 2025 | 9 replies
(Not just cash at closing but sales price minus selling costs, minus purchase price, minus improvements.)
Dave Allen
If you magically had 100,000 to invest...
15 January 2025 | 24 replies
Do you want something close to you that you can go look at for yourself or are you okay with investing in something far away that you would probably have to fly to if you wanted to take a look at it in person?
Hermes Kanaris
Wanna be a surgeon? Dissect this deal with me.
30 December 2024 | 14 replies
The lender will be looking for close to that amount.This is not a sub to deal at all.
Seidy Lasker
Wash Sale Rules for Options
2 January 2025 | 1 reply
Day traders are not exempt unless they elect mark-to-market (MTM) accounting, which eliminates wash sale tracking but taxes gains as ordinary income.To manage taxes, track trades closely, avoid overlapping purchases, or consider MTM election if trading actively.
Noah Bacon
BiggerPockets Pro Partner Update - Stessa!
15 January 2025 | 49 replies
I eventually just closed my Stessa account and called it a day.
Keegan Felix
Full time working mom of 3 in my 40's with 8K to invest
9 January 2025 | 21 replies
As you start closing deals, you will need to reinvest your profits into mailing lists and other scalable activities to grow your business.
Khaled El Dorry
Selling a portfolio
31 December 2024 | 6 replies
When you do a traditional 1031 exchange you have 45 day identification period, to provide a list of potential replacement properties and 180 days to close on a replacement.
Kyle Carter
Impact on Credit Score
3 January 2025 | 2 replies
You can have multiple conventional mortgages and have a great credit score as long as you don't pay late or get too close to the maximum debt to income ratio.