I'm curious to know if it is possible to use a 1031 Exchange to go from a non-owner occupied multi-family to an owner occupied multi-family. Are there rules prohibiting that?
Hey everyone,
I’m really happy I found the BP community and have now listened to most of the podcasts and attended my first REIA meeting this week. I’m hoping to ride that wave and really get going on investing.
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Forgive me if this seems naive, but what is the real benefit of having cash when investing in real estate vs. being able to obtain financing? Specifically 500k-1m of cash. Would it be best to use that to buy a forecl...
I posted on the multi-family forum a month or so ago regarding the multi-family 50+ unit market heating up. We've lost out on many offers from buildings ranging from 20-150 units. I've been mainly focused on Cinc...
Hello BP Community! I am considering investing in both residential multifamily properties as well as some 5-15 unit complexes. Do I need an LLC when moving forward with a commercial property in that unit range, or is ...
The fact is that not all LLCs are the same. Some are just better for asset protection then others. The best LLC structure is the Series LLC. Like any good parent, we want to protect our children. This is accomplishe...
Hey everyone!
My name is Melanie Stephens and I write the “Biggest Mistakes/Lessons Learned” column for BiggerPockets Wealth Magazine.
I am looking for BP Member stories for an upcoming column on Biggest Mistakes ma...
I read the following article tonight:
Strategic Default or Efficient Breach?
that speaks about the supposed "moral obligation" to continue making payments on an underwater mortgage. The article generally jives wi...