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Results (4064)
Keith Sehi Pay minimum or extra on mortgage?
18 August 2023 | 12 replies

Hi, I am new to rei and was wondering if it's better to pay extra on a mortgage or just pay minimum to receive the tax benefit and extra cash flow? I guess what I was thinking is if I'm getting (for easy numbers) $100...

Account Closed 1031 Exchange Tax question
11 September 2020 | 17 replies

Good morning I completed my first 1031 exchange in 2019 however I am no being told by the CPA we incurred a mortgage boot due to not purchasing a property of similar sales price. 
Property sold $1,200,000
Payoff $70...

Barry H. 1031 exchange to fund down payment on development project
26 December 2013 | 8 replies

Would the capital gains from selling an investment property held in a particular LLC be eligible for a 1031 exchange fund if it is applied to a down payment on a commercial development owned by same LLC that broke ...

Busayo Ogunsanya Opportunity Zone - For Real Estate Investors
26 December 2021 | 37 replies

The Opportunity Zones program was established by Congress in the Tax Cut and Jobs Act as an innovative approach to spurring long-term private sector investments in low-income urban and rural communities nationwide....

Patrick Menefee Small victory-first property (4plex) finally under contract!
26 July 2019 | 23 replies

This is just the start of my journey, both for this property and for my REI career, but I learned a lot in the long time it took me to get this property under contract. Want to share what I learned along the way in th...

Kyle Gregg 203k Loan Officer misrepresentation, need help!
20 August 2015 | 49 replies

I am chin deep in a 203k and days from closing but my brokerage company has screwed me good. Please continue reading to get the whole picture...Ive been working with a loan officer for months now trying to close on a ...

Jobee Vincent Buenaventura First time partnering into a deal
24 November 2019 | 11 replies

Hey all,Long story short, after some extensive networking I finally found an experienced investor in my area of 15 years willing to partner with me, a new investor. He will walk me through the house-flipping process w...

Mark Cison FHA Co-signer/borrower rules changed?
13 May 2021 | 10 replies

So... I was slapped with a mortgage denial from the lender. The whole FHA 203k project is fantastic on paper, with the total purchase price + 203k standard rehab totaling to 565k on a 2 unit to 3 unit (legal) conversi...

Vijaianand Thirunageswaram 4th Flip down for this year, next one on the Market...
1 October 2018 | 13 replies

I am so excited that our 4th Flip project finally was closed last Monday. It was the real big flip project for us this year and especially important one because I had joint venture with new investor who came to know f...

Wes S. REO Offers Accepted
27 December 2012 | 99 replies

Please list your REO situation: Who the Bank was, list price, the offers you submitted, any counters and finally the acceptance price.

My goal is to give all of our BP friends a leg up in approaching their next REO...