We recently purchased a home using a 2nd home loan (with intent to use a few weeks a year and rent the balance which is permitted).
We just got a really compelling offer to immediately sell the home.  Curious if the ...

Hi I want to use a 1031 exchange qualified Intermediary for the first time. It appears there is a lot of research that needs to be done to find a good one. Does anyone have any advice on such a company, that they have...

hi - purchased my property in January 28th and just sold it and signed the contract on 10/21.  Just spoke to a 1031 exchange lawyer and he said that this is not a good scenario and I cant do a 1031 exchange, that i di...

I just purchased a duplex 3 months ago.  Bought for 169K, Loan left of 110K.  I would like to sell the duplex for 210K.  I am sure I can get this price as a duplex down the street in worse condition/lower rents just c...

I was reading where some investors use a letter of intent before putting a house under contract.

Does it help?!?! What are the pros and cons of using a "letter of intent" and is it even necessary or a waste o...

Hello I'm TomDoes a duplex, that I plan on house hacking one of the units and renting out the other, qualify for a 1031 exchange? I'm planning on going to the market with a  flip and then getting a 203K or VA loan for...

Hi All,Need some tips on how to convert rental property to a primary residence. My friend has two properties: 1 for rental and 1 for primarily resident. his rental has been in a rental for 5 years already and it's val...

I signed A contract to purchase a home about a year ago for 380 K. I’m going to take position in a months time. The house is now worth about 600 K. Looking at all the comps and history off the prices here in Phoenix m...

Good evening all - I'm looking to purchase a multi-family quad for my next deal.  I have a SFR in Atlanta that has about $55k equity and could sell for $165k.  CapEx has been one thing after another and every time I g...

I was thinking about selling a commercial property that I just bought 4 months ago.  I understand if I sold it before 366 days of ownership, it's a short term capital gain tax. But if I did a 1031 exchange, there woul...