Hi BP Community, I'm currently under contract on a 21 key motel that I plan on turning into about 14 apartments. I'm a fairly experienced investor, but I have never been involved in any sort of development or re-devel...

Hello,My name is Nathan Herring, I currently live in Brooklyn, NY. I grew up in Mississippi where my parents had several rental houses. Naturally I was the one that they sent to do a lot of the regular maintenance and...

Hi BP Community,I’m looking for some advice on a mortgage wrap deal I’m looking to do. I’m the seller and would be carrying the financing on a $750,000 duplex. The underlying mortgage is a conforming 30 year fixed and...

Hi BP Community!I just want to share a strategy I used on a property I closed on yesterday. Please feel free to critique/ point out anything I'm not seeing:I sold a rental property over the summer that I had a low bas...

Hi BP community!
I’m looking to see what options I might have to get my EM back. 
I terminated the contract, 100% clean termination for a legit reason based on a contingency in a signed contract. The seller is total...

Hi Bigger Pockets!I’m hoping to get some advice on how to structure the sale of mobile homes to several tenants at a MHP in Wyoming. What I’m trying to accomplish is 2 fold; a higher NOI on the land portion of a MHP a...

Can anyone tell me if carryover basis restarts at 27.5 years in a 1031x, or is it excess basis at 27.5 and carryover picking up where it left off? Having trouble finding the answer. Any help is very much appreciated!

Hello BP Community,I’m working through structuring a creative real estate deal and am wondering if/how I can exchange the proceeds.. I bought a house with appx $120,000 of 1031 money + about $55,000 of additional fund...

Hi BP community!
I'm doing some DD on a 37 unit apartment building in Sioux city and wanted to see if anyone could share their thoughts/experience investing in this area. The neighborhood is class C from what I've se...

So we seem to be running into the same road block. We have a house that we bought cash and own outright. We wanted to do a cash out refi, but every bank keeps saying no due to the fact that we don't have any other i...