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Results (10000)
Lisa W. Series LLC + 1031 exchange
4 December 2023 | 6 replies

Hello All,Here's my situation:1st unit - no mortgage2nd unit - has a mortgage3rd unit - looking to buy and use as a primary resident for a few yearsQuestions:1) can I 1031 x/c the 1st unit to pay off the mortgage of t...

Ryan Thomson 2 House Hacks to Financial Freedom - My Story
7 June 2021 | 1 reply

We hear about it all the time on Bigger Pockets and for good reason. House Hacking is a fantastic way to get the snowball of real estate investing rolling. A term created by Brandon Turner, although he probably stole ...

James Piercy How does received a $50k gift affect taxes?
29 November 2017 | 9 replies

Hello Everyone,If my mother is to gift me $50k and I set up a payment plan to repay her, how does that work with taxes?  I had never heard of being taxed on a gift (silly me).  I was originally going to use the gift a...

Ben Wyatt Funding options for first flip w/ minimal holding costs
10 July 2017 | 4 replies

I've been researching for a few months, and my wife and I are interested in doing our first flip soon. Unfortunately, I'm having a hard time figuring out what to do with financing - especially with holding costs. Our ...

Andrew Hinspater DSCR Loans for Properties Worth Under 50K Each
9 August 2024 | 7 replies

Good evening to everyone! I'll keep this post short and sweet: We are currently buying two properties under 50K each, but total purchase price for both properties would be 80K. Unfortunately, we have seen that many le...

Rance Robinson Is it Possible to Get Hard Money as a Down Payment?
7 September 2018 | 1 reply

I currently have a contract on a great property with a HML who offers 100% Financing. Because the property is in a gentrifying area, the 100% Financing option doesn't fit this HML's criteria so I'd need to bring rough...

Shirley McLean Loan for Reno for Free & Clear home to Resell in Texas?
15 November 2017 | 1 reply

I own a free and clear home that I want to renovate and sell. If I get a HELOC or HEL, I believe I have to homestead the house before applying for the loan which means waiting until Jan 1st. I don't know that those ar...

Bentley Cox I’m new to Bigger Pockets and just gather information!
11 August 2018 | 2 replies

Just starting out
1-have mortgage, personal loan, and car loan.
2-not much extra money
3- i want to start investing but when do i start? I listen to podcasts and read as many books as i can but I’m itching to do my ...

Yovani Trujillo Rehab Funding Options?
27 August 2021 | 1 reply

Hello all!
I wanted to get some different opinions on how I can go about to fund a rehab.
Context:
My parents were generous enough to sell me their house with a large amount of equity. We recently closed on the pro...

Natalie Gelbke-Mattis Financing Options for a Rental I manage but do not own
26 September 2021 | 1 reply

I have a single family rental that is in my mom's name, but I have been solely managing for 10 years. I collect the rents, report the income and pay all the expenses.  I attempted to do a cash out refi into my LLC, an...