Sandro DeAngelis
No 1031 exchange! Strategies to save on Capital Gains?
Hey everyone,I am selling a property that I will be making a good chunk of change on. I will be slapped with huge capital gains.....I DO NOT WANT TO DO A 1031 Exchange but want to either;1) Put it in some sort of ed...
Timothy Yen
Self Directed IRA recommendation
I have over $150k in 3 retirement accounts from work (2 x 401k , 1x 403b)Can anyone in the BP Family recommend a great SDIRA? I’m located in NY (Long Island) and would be great if it’s local but not necessary.Thanks ...
Marc Mahadeo
Fannie Mae 10 Property Financing Rule
Good afternoon BP family-This is my first post out here as I have run into a snag. I am currently in the process of refinancing two duplexes and my current portfolio is holding me back due to structure. I purchased ...
Nicholas Morgan
First Property - LLC for Property Management?
Hi everyone, I am closing on my first rental property in 3 weeks. I am purchasing it with a standard bank loan in my own name. There is an existing tenant who's been there for 8 years. Buying the property from a frien...
Aaron Anderson
Are you considering getting your Realtors License?
Hey BP, I'm an agent in the Nashville, Franklin, Spring Hill, and Southern TN market. I've had 10-15 people contact me on here asking if getting a Realtors License is worth it. This has inspired me to write a short ...
Pamela Gordon
Potential Tenant - Inquiry About Handicap Accessible
My husband and I are new to the landlord/renting scene and want to make sure are answering inquiries accurately and also want to make sure the Fair Housing police are not trying to catch us off guard, with random ques...
John Grover
"subject to" buying options
I am looking at potential liability of the following subject to deal. Scenario... seller went into strategic default on primary years ago.. he has been prolonging foreclosure via fraud claims against the bank.. al...
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Getting a mortgage on a forclosure property
I'm curious, is it possible to get a mortgage on a forclosure purchase, most banks require an structural inspection + termite inspection.
Joe Edwards-Hoff
Help with offer for personal SFR.
I'm looking at a place in my town. It looks to work out on my math formula I have in excel for a potential rental. It would rent for 1150. If I want to put 45% of gross rent aside for expenses and have $100 cashflow, ...
Jason S.
Are Realtors Worth Anything With HVCC?
Just want to ask the BP Community if you are still using Realtor's. I know they are necessary on the REO buy as it is the relationship that gets the deal in the first place - then they want to hold you hostage for th...