If I sold my 35,000 rental investment threw a 1031 exchange to avoid taxes can i transfer that and buy a a house for 100,000 in florida and use that 35,000 as a down payment on the new 100,000 investment, and can it ...
Thanks in advance for any feedback. Here is the scenario looking ahead a year from now. I'm in the process of buying a condo. Between my down payment and discount I am receiving from my father in law I will have a...
I have a question for you smart ones of Biggerpockets.Fannie Mae has this program called Homepath.They're selling CHEAP but the main issue is they impose a DEED RESTRICTION so much so that you are NOT ALLOWED to sell ...
I've made 15,000 cold calls and I'm kinda confused on the definition. How motivated does someone have to be for you to consider them a lead?
Hi all,I've read a lot so far about this topic and the more I read and see the restrictions I don't know if it's something I want to venture into. It was a nice thought at first reading of avoiding capital gaines but ...
I have a property in New York that I'm putting on the market next week, which should net about $140k in profit after selling it, and I'm planning on rolling that into 2 new property purchases in North Carolina. This ...
When a buyer makes an offer with the hope of doing a 1031 exchange is that considered a solid offer from a sellers perspective? What are the pros and cons of making an offer in this scenario? Personally, I would take ...
We are soon listing our first property for a 1031 exchange. Upon closing, we will have 45 days to identify 3 replacement properties and then 180 days to close on one of those 3.This seems like a concerning setup. What...
Ok so I have seen a lot of post on wholesaling and bird-dogging and the difference between each. I have been a bird-dog and have wholesaled deals, so I would like to throw my two-cents in the game. Since other have a...
OK so this morning I was passing by a house that was listed for sale. Out of curiosity I called the owner and asked how much and why they were selling. She says she's asking 280k and she's selling cause she is 71 and ...