Craig Anderson
Mobile Home Park 1st purchase, need advice
Hi there BP! I've stumbled across a package deal to acquire 3 Mobile Home Parks. The seller will carry 50% if I purchase all three parks. The prices are right, and they all cash flow with tenants owning all but 2 of...
Luke Mcclure
Patrnership deal? should I take it or leave it?
I was offered to partner up with a friend of mine, his proposal to me was. We as partners would build small 500 sq ft one bedroom units/ duplexes triplexes etc. 1. He would put up all the capital. 2. Give me an hourly...
Frank Yaccarino
IRA
Can someone tell me if and how I can use my IRA to buy real estate?
Tansyn Meyers
Question;major home rehab
Hello I'd like to know how to get a loan to redo a house? Im not looking for lenders but is there a specific name for that loan or time frame for it? House needs to go down to studs. House is from 1800s.
I also need ...
Gary Landon
New to BiggerPockets from Albuquerque, New Mexico
I would like to introduce myself, Gary, and my wife Susan to the community.I am a practicing professional structural engineer and my wife is currently working for a home rental management firm that specializes in sing...
Stephan Nemeth
Structural Issues
Hi BP,I recently went under contract for a quad and secured a pretty fair deal from the retiring owner. Everything was going smoothly until the inspection revealed some potential structural issues. Upon further insp...
Donna Ragan
Contractor Partner vs Hiring Contractor
Hi everyone,I just purchased my first fix-n-flip and am looking for some advice on saving $$$ and hassle.Scenario 1: Partner with a contractor (consists of 2 people) to save on building and split profits (split would...
Son N.
Failed 1031 exchange
I'm thinking of doing a 1031 but the local market is seller's so things might not be easy buying something new that makes financial sense. I have no intention to invest out-of-area and willing to pay cap gain tax if t...
Urvashi Vasishtha
Five Red Flags When Buying a Home “As Is"
I came across many such "as-is" listings over the past week but couldn't find answers to the red flags. So, I did some research and put down afew important details. Let me know if there are other red flags as well. Yo...
Guy Yoes
to 1031 or not to 1031?
I own two properties where I live. I may have to move to another state where I have a property there.Do I have to do a 1031 exchange to not pay taxes or can I just sell and buy within the required time frame?Both prop...