![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2171450/small_1625550922-avatar-fridam4.jpg?twic=v1/output=image&v=2)
My Dad is 75. He lives in a home with a reverse mortgage. His home is valued at $300,000 and the payout on the reverse mortgage is $120,000. I would like to pull some of the equity, give him some money, make some upd...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2251062/small_1694887470-avatar-calvinc87.jpg?twic=v1/output=image&v=2)
Hey BP community,
I have a question regarding a 1031 exchange with my parents. They want to sell an investment property and use the 1031 exchange proceeds to help with putting a down payment on a house for my famil...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/134800/small_1621418607-avatar-jjkam04.jpg?twic=v1/output=image&v=2)
We are looking to get started in small multifamily buildings, ie duplex, triplex, quad. We live in the NW suburbs of Chicago and it seems like the most affordable ones are in the Elgin area, Aurora or in the city. Elg...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/705117/small_1695643328-avatar-kevinj102.jpg?twic=v1/output=image&v=2)
With the Corona Virus pandemic going around I'm curious how many of you collect rent via online methods. I am a relatively small owner of a 4 unit & a 2 unit that I manage myself so I don't have the scale to buil...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1043356/small_1621507990-avatar-shafinoss.jpg?twic=v1/output=image&v=2)
Hello everyone, I'm trying to get a sense for just how valuable tax deferment through depreciation is to the multifamily passive investor. Suppose passive investor Isabel invests 100k in a syndication. The syndicat...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1524347/small_1672323615-avatar-michelleb184.jpg?twic=v1/output=image&v=2)
I was scheduled to close on a NC beach vacation rental TODAY! We were able to negotiate with the sellers to put off DD and closing for 4 weeks and I am grateful for that. The hope was we would see some settling down,...
I am closing a deal this Friday and the sellers settlement attorneys have issued me a Gramm-Leach-Bliley Act notice stating the following "In compliance with the GLBA, we are providing you with this document, which...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/204090/small_1621433014-avatar-scottstevenson.jpg?twic=v1/output=image&v=2)
Hello everyone, There is a package of 16 Single Family Homes in a nearby area that is up for sale. I have emailed the agent associated with the package asking her if seller-financing is an available option in which sh...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/522237/small_1621481161-avatar-vincentc34.jpg?twic=v1/output=image&v=2)
Greetings,My wife and I (and our young son) owner-occupy a duplex, and we have a tenant (family) next-door who we inherited when we purchased the property last year. They are presently on a month-to-month lease, and ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/46838/small_1621408887-avatar-anotherlevel.jpg?twic=v1/output=image&v=2)
Any success with Realtor leads, using car magnets? If so, what size? A picture is worth a 1000 words!...thx!