Justin Summers
Basic question on purchasing replacement properties
I have sold 1031 and am now looking for replacement properties for the next 45 days. I usually buy properties from wholesalers or directly at foreclosure auctions. A few questions. If I buy at a foreclosure auctio...
Michael Willis
Seasoning of purchase money required?
If one is attempting a 1031 with Bank financing for the purchase, how do banks treat the fact that the proceeds of sale A may be used almost immediately for the purchase of sale B? My understanding is that under norma...
Ben Zimmerman
questions on a first rental property
Hello BiggerPockets!My situation: I purchased my home last year for 165k, and have roughly 45k in equity. I have a decent job and am saving ~2k a month with ~30k in savings. I am looking to buy my first rental with...
Jibrell Davis
Buying mobile homes?
I have three SFR, but recently an in-law has started purchasing mobile units and came to me for advice and it piqued my interests. He finds mobiles that need work for cheap ($1000-$3000) and fixes them alongside his c...
Amanda Rhodes
First Time Investor Trying to get 2 for 1!
Hi all, This is my first post and I'm still relatively new to the BiggerPockets community. Would love advice on my situation:I have found my first single family home in Baltimore near Patterson Park to house hack. I'm...
Matthew Nelson
California - Required Documents to Purchase Property
I am looking to educate myself on the process of buying a home directly from a seller subject to the existing financing or using other "creative" financing.I understand an attorney will be in charge of most of the pap...
Corbin Jones
Purchase/buying power and income requirement
I currently work in a W-2 career and I have zero consumer debt. I have one investment property in Milwaukee with a good DTI. I also have a small lawn care business that is growing since I began marketing through SEM a...
Braden C.
Seasoning Requirements After Purchasing For Cash
I am not at all familiar with the current seasoning laws. If we pay all cash for a property, how long is the current required time period until we can obtain a conventional loan?
Stuart Cairns
Forms required for Tenants before purchase
I am purchasing my first duplex in July as long as the appraisal comes back OK. I read a couple of years ago that, before signing the transfer of ownership to have the tenants sign a form, which nullifies the previous...
Bob Malecki
Georgia licensing requirement for purchasing notes?
An associate forwarded the following info about Georgia licensing requirements for note buyers. Based on the language it seems that an individual would be exempt since it is "solely as an investment". I'm not clear th...