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I have had a FNMA property under contract a few weeks now and was to close on it tomorrow after a few minor delays. I just got a phone call fom my bank telling me I could not borrow as much as I need according to an a...
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Edit: The title should have been "Lease California Condo or Sell and 1031 into OOS Multifamily?"I have a condominium I bought about 5 years ago for $60,000 that I can sell today and walk away with about $100,000 after...
Hi BP community! For a little background, I’m a Houston oil and gas investment professional working for a venture capital firm that has ~$11 billion in AUM. I'm familiar with the underwriting acquisitions and am inter...
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Ok so I have seen a lot of post on wholesaling and bird-dogging and the difference between each. I have been a bird-dog and have wholesaled deals, so I would like to throw my two-cents in the game. Since other have a...
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Hello BiggerPocketeers!In an effort to clean up the forums, we're creating an FAQ Forum, where the most-asked questions will be prominently featured, along with some really great answers.I need your help!Please take a...
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I own a 4-plex in Los Angeles and have built up ~$1 million of equity
in the property (bought in 2011, at the lows). I'm considering selling
the property and exchanging into more units (still in L.A.) but I'm
tr...
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Wow BPers,
I finally did it! I finally completed my business plan and feel ready to make my intro and get going.
I've been cruising through these forums for a bit without having done a formal introduction until n...
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Should pay taxes or too much for a property? I have 2 weeks left to ID a property for 1031. The taxes owed would be around $15,000. Stuck myself in a situation without doing any prior marketing for deals because I w...
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Hi everyone,
I'm looking for a layman's explanation of how a 1031 exchange works. I did some searching in threads and many of the explanations are pretty complicated. Can someone post a simple step by step guide to t...
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Hello all!I’m looking to hear some input on different strategies for investing in rental properties near military bases and utilizing the VA home loan for investment purposes, or even just people who know the Jacksonv...