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Results (3187)
Jon Ostojic Question about selling home with assumable FHA loan
21 June 2018 | 4 replies

Hello all. Thanks ahead of time for the time and input. So we bought our first home in 2009 with an FHA loan at 3.75%. I know the load is assumable. We moved and have rented it out for about 5 years. We want to sell a...

Jacob Thorpe Pulling out equity, HELOC, other stuff
16 December 2024 | 11 replies

Hello all, I have a property in DFW that I have a hm loan on.  Due to a serious of misfortunate events I am in default now. I owe my lender about 8k.  Right now my debt is sitting at around 154k (8k outstanding intere...

Helen Zhang 1031 exchanges with auctions
16 July 2018 | 10 replies

Hi BP community, I am in the process of selling a property and would like to know if 1031 exchange would work for auctions. I can't seem to see why it wouldn't work with auctions, but I would like to know if it would ...

Dan Chern Newbie to Orlando, FL as Long Distant Investor
2 July 2021 | 9 replies

Hi, I am doing a 1031 exchange and am considering purchasing a rental in the Orlando market. I have family in the area and I typically visit once a year, so thought it would make sense to make part of my trip as a bus...

Account Closed Need Advice - unwinding a partnership and selling a property
14 February 2012 | 6 replies

In 2005 I entered into a partnership with my brother and a couple of friends. We purchased a single family house to rent out. We (over)paid around $127,000 for the house. The property is titled in my brother's name...

Kelvin He 1031 Out of My Property to a 4-Plex?
6 April 2023 | 15 replies

Hi
I purchased an investment property in 2018 in Austin, TX.  

Purchase price $225K
Cash flow -$200/mo
Current sale price $410K

I knew I was going to be break-even / negative cash flow when I purchased my fir...

Erin Hauser HOw to go about reinvesting profits?
26 July 2020 | 5 replies

I totally get why you should reinvest profits from rental units. But what do you do with those profits? Say I am cash flowing $30K/year. What should I do with that? Save up for a down payment on another unit(s)? Pay ...

Lidia Bowers What would you invest in with $120k?
24 April 2018 | 4 replies

Hello dear BP community!

We are selling one of our SFHs. Closing date is tentatively 5/31.

What kind of 1031 exchange would you consider if you have to get a property that is $420k or higher with $120k left to inve...

Gary Kuang shadowing another real estate investor
23 January 2016 | 3 replies

Hi guys, are there any real estate investors in the NYC area that flip houses that would allow me to shadow them or can walk me through their next flip. I have some free time throughout the week and would love to lear...

Dorothy Monette Investor loans and where to buy fast for 1031
3 June 2021 | 3 replies

I'm in a 1031 exchange. My rental in California is set to close June 7th and the clock starts ticking. I have info on a loan, stated income, 25% down and the rate is 5.75%. Can I do better than that? I'll be buying my...