Good afternoon. Does anyone know if you have a 1031 property where it is fully paid off, may you use the equity to get a line of credit for non-commercial purchases? If so, is there a waiting period that you must ow...
Hi BP Community,
I am an investor interested in a couple properties on Auction.com and wondering if anyone has closed on any deals through this company / has insight. For the deals that I am looking at, it advises th...
Hey everyone, I'm completely brand new at this and wanted to introduce myself and see if there was anyone in the Philadelphia PA area. Id like to start wholesaling properties. Anyone local or have tips or advice for m...
Hello BP, First timer here, and trying to use Delayed Financing loan to refinance an rental property I just picked up (cash purchase). The issue I am having is that some of the funds came from my wife's account, not j...
I am reading a book about 1031 exchanges however there is no mention of intermediaries. Everything the book talks about is about 2 party or multi party exchanges. For example in the book they discuss a transaction whe...
Hi all, We purchased a property where the purchase documents indicated we were purchasing the washer and dryer with the building. After taking ownership, we come to find out that the long-term tenants (who are general...
I am buying from a friend. The house is in Texas. What is the cheapest way for me to close this ownership transfer transaction? Please share details and any tips and tricks. I trust the friend but do want to hedge ag...
Anyone listed a property they bought on a land contract with a realtor? I want to sell a couple and didn't know if this was possible without the deed. I usually sell them myself but I'm thinking the realtor way m...
I am looking to educate myself on the process of buying a home directly from a seller subject to the existing financing or using other "creative" financing.I understand an attorney will be in charge of most of the pap...
Hello, We are in the process of purchasing our first multifamily! Our contingency on our offer was to evict the first-floor tenants to owner-occupy the first floor, as I use a wheelchair. The first floor tenants do ha...