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I am new to doing REO's and hearing about Transactional funding and I am unclear about the process. I read that you have to have the end buyers funds already in escrow in order to use transactional funding. I am worki...
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Hello fellow investors. I have a property under contract to sell. I would like to use a 1031 exchange to maximize my return and use my proceeds of around 40k to invest in a small multi-unit in Columbus, Oh. If any...
I own 2 properties outright, A and B. Both A and B are multi family apartment buildings.The properties are worth around 1.5-2m.I wish to keep A but sell B; preferably in a tax-deferred manner.A is in an area that has ...
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Hi BP folks,I have a question for 1031 exchange, here's a scenario:Relinquished property sales price: $180,000, remaining loan balance $102,000.Replacement properties (3 properties):Property A: $80,000Property B: $85,...
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I have under contract two different properties requesting a 1031 Exchange. Is it allowed to play “MatchMaker” aka Wholesale, by bringing the two together, assigning my interest in the transaction and collect an assign...
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Hello Biggerpockets community, I am newbie in Real Estate. I just bought a house (in California) under my name using traditional bank loan (so no LLC or Corp). My thought process is that I will fix-up the house. If th...
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Hello,
I just want to start off with saying it is an honor to be part of a community with so many like-minded investors willing to share their knowledge.
I currently have two Airbnb single-family properties in Lake ...
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Hi everyone, I'll try to keep this short. I appreciate anyone who takes the time to read this:My grandma owns a property with a few rentals on it. She's a very stingy person and refuses to properly maintain her proper...
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I've performed a few 1031's and had to pay initial fees. Came across a website deferally.com and they claim to be totally free. Has anyone used them? Would like to know. Thanks!
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Hello, I would like some advice on a property that my family owns.It is two SFR's on one lot (detached) in LA County that was bought in the early 80's and is now owned free and clear. It has an NOI of ~30,000 and I th...