Bhushan Rajadhyax
is 1031 exchange possible for a land+construction property?
I have been trying to read up on the 1031 exchange rules and haven't gotten a clear answer. I currently own a rental property (condo) with a decent equity. I was thinking of doing a 1031 exchange and buying a SFR that...
Terri O'Brien
Funding a BRRRR as my second rental
I am looking to buy my second rental property. There is a 4 plex that is a complete renovation. It is listed for $77,000 and has already been gutted. There are 3 apartments that are 1 bedrooms and 1 apartment has 2...
Brant Richardson
Financing question on my first deal.
In reading on BP I have found that getting traditional financing for the first 4 deals is easy, then you have to start getting creative. I have the capital and motivation for more than four deals so I feel like I ...
Scott D Tyler
SE Idaho taking the plunge
Hi, my name is Scott Tyler and I live in Idaho Falls, Idaho. I have been a member of BP for about a month. I have been using the tools/calculators and even done a few walkthrough properties around my area. My concern ...
Benjamin Hilliard
Subject To Cashout Refinance
My mom inherited a home in Florida from my grandfather that still had a mortgage of $75000 and the home is worth approximately $135k. My mom has already recorded the deed in her name at the county office last month an...
Steve Buchanan
Can I pay off line of credit in 1031 exchange?
I have a property that is held in a LLC that I'd like to do improvements on. I also have an unsecured business line of credit for the LLC/business. If I use the line of credit to make improvements and then decide to s...
Ryan Huddleston
Does this qualify for a 1031?
I bought a house a year ago then did a major rehab. I advertised it for rent and even showed it to a few potential renters but decided to sell it instead. Can I 1031 exchange it since it was never actually rented or...
Joe Belanger
Closing on house issue
Hey All,I am in the process of closing on a house I have 2k tied up already. I have sent multiple bank statements that have been requested of me and recently it looks like they were able to view my account and see I d...
Edwin W.
Re: Funding
Hello,If you find a great deal, are there private money lenders or private money partners out there that will loan up to the full amount? I don't mind doing a 50/50 fix and flip if there are people out there that will...
Craig Moreau
Raising Capital for $2.5M deal
After their first deal I hear a lot of people say "I wish I had gone bigger". I want to go big on my first deal to make it worth while but I am also being realistic. I found a deal that I haven't moved on yet but I wo...