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Good afternoon bigger pockets!I currently have a SFR with an FHA loan. What are the steps I need to make to turn make it eligible for a 1031 exchange? Do I have to refinance? Get more equity? Solid credit score?I trie...
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Hello everyone, I'm in my first purchase journey. At this stage I'm looking at financing. So far, looking at conventional loans, commercial since the property is in my LLC. Current rates that two banks have gi...
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Hello everyone! My business partner is thinking of refinancing his home (Not his primary) to purchase a rental property which he will house hack in. Is there a certain kind of loan he should be getting? on both ends? ...
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Hello everyone. I have been getting educated on buying my first property and am interested in house hacking.
I bought a home in 2020 and have a decent amount of equity around $100k. I am considering renting my home a...
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Hi Guys,Currently working on a deal in Houston and looking at different financing options. I need someone to help me understand the rules and regulations around the refinancing process (into long term, conventional, f...
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I attended a high income seminar today. The sad part was that the seminar title was Strategic Defaults! The speaker was very high powered attorney in swfl that has been doing these for a couple years. The stats came f...
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Hello, BP Community,If you have a Solo 401K w/ $100K to invest, how would you invest it, or what are you currently investing in with your Solo 401K? I am considering investing in a small rental property and paying cas...
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Hello fellow investors, I am currently using Farmers and Foremost Insurance. However I ran a few quotes on Obie Insurance (geared specifically towards landlords) and for only the 4 houses I checked, I am saving 1,5k a...
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Why do I like two bedroom ranches vs 3 bedroom on the residential side (over any other style) for long term rentals: A 2 bedroom and 1 bath ranch that is under 1,000 sq ft will usually be located in residential neighb...
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Is there a difference between the type of documentation you need to provide to a lender when applying for a loan for a single family investment property as compared to a multifamily investment property? Any informatio...