I currently have multiple streams of income with a credit score of 720. I want to invest into real estate but live in California where market value is extremely high. Any suggestions on where to start me real estate i...
Hello, Bigger Pockets!Do I have to work a w-2 Job for two years in order to get a loan?
Good evening everyone, I wanted to pick your brains for insight, and see if maybe anyone else has been in this type of situation before.We bought our first multifamily in Fort Walton Beach about two years ago. This pr...
As of today (3/28/23) I have city approved and stamped plans with all permits paid but my financing has fallen apart, tryign to get this goingWhile I have history with rehab projects as well as buy and hold room renta...
Hello All!
What are your thoughts on holding flips for just over a year to be able to take advantage of the capital gains tax (vs selling in under a year and being taxed at your ordinary income rate)?
Many people h...
So here is my situation: I am looking to get some rental properties but have no clue where to start with funding. I have a good amount of cash set aside and have maybe 3-500 in debt. I also have 400k in equity in m...
Hi,A year ago we sold our house that we had lived in for 5 years and made about 260K. We invested some of that on a rental property and built another house. We want to sell the new house and because we were the gene...
I flip properties as a side job from my full time job and have been successful at it for about 9 years. I have always wanted to learn more about capital gains and the 1031 exchange program. I always keep my houses for...
Hi BP family! Are there any investors whose primary source of income is 1099 or other contract work? If so, any tips on how to appear as stronger candidate for conventional loan? Especially if your income fluctuates m...
Hello, I live in one unit of duplex and rent the other for more than 2 years of last 5 years. Now I am thinking of selling it. Can anyone verify the tax treatment as of today that a gain from owner occupant unit is ap...