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Hello!I currently live in the Washington, DC metropolitan area (specifically Silver Spring, MD) with my wife. We also just started the homebuying process through NACA. I'm seeking advice on purchasing our first home w...
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Hello BP Friends, Can we do a 1031 exchange on an investment property we bought 9 months ago? Is there a tax implication? What are the things we should be aware of when performing a 1031 exchange? Please educate.
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I have been researching and trying to compare landlording sites, but it's not that simple. I have been using Avail for 4 or so years. Here are my issues and concerns. I like some features that I don't want to lose,...
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If someone is selling a portfolio of a 4plex and 5 plex how does a mortgage company look at that? I know a quad isn't classified as commercial so it wouldn't by itself qualify for a commercial loan. Does that change w...
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Greetings,I’m here seeking guidance on a potential deal. The property in question is a commercial property with 9 apartments and one retail space that intend to place my business in. The goal is to own the property in...
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Here's the story. I have been negotiating with this large developer for a long time. They are buying the entire block on which I own a duplex, and have been trying to work me down into giving them the property at a di...
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Hello,If I purchased a SFH with an investment loan (i.e. not primary home loan), and it's been over 2 years since I got the loan can I transfer the loan (presumably the buyer needs to go through all the same loan due ...
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What's everyones experience with commercial loans? I have all 6 of my duplexs in Fannie/Freddy loans. I've always liked the security net of locked rates yet I am now seeing the flexibility/affordability of commercia...
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Hi! We are looking to purchase a fix and flip. There are so many online hard money lenders. Has anyone used any of them? Who is a good company to use for a first-time flipper. We have 1 STR right now. What are reaso...
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Hello BP Family,For a year now I have been reading books from the awesome BP authors and hosts of the BiggerPockets Real estate Podcast (Josh, Brandon and David) wondering how I could start my journey.Well, my journey...