We currently have two investments properties and was told that we had to wait one year of owning for the 1031 exchange. Is that correct information?
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Can someone point me in the direction of a template or an idea of what all should be covered in a 'letter of interest'? We are looking at a building that won't be available until the first of the year, but the owners ...
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Hello. I have been a part of Biggerpockets community for a few years. I have never made a deal. Was interested in wholesaling and flipping but never actually pulled the trigger. I read 7 years to 7 figure income. My p...
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Hello BP! Two questions: can you 1031 a house that you have flipped into your next flip?and also what business structure is best for someone who plans to do a few flips to build capital for B/H MFR properties?I know L...
Hi, I purchased a house in Rockland Ma last May 27th 2016. It is a flip, and i'm getting ready to put it on the market. I am trying to figure out what I will owe for taxes. I'm looking to be creative and maximize my r...
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Whether FHA or conventional, what type of proof do you have to give that you will occupy a property to qualify for owner-occupied loans? If someone were to purchase a multi-family property (2 - 4 units) with the inten...
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Are there any restrictions on how long you have to hold a property to 1031 it? I have had a property for 11 months now that has appreciated about 15% and would like to try to get out of it and was wondering if there ...
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Is it possible to finance a vacation rental with 10% down, but go over 43% DTI? Anyway to get the future income credited to your DTI with 10% down?
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I sold a property that I had owned for 2 years on August 7th and utilized a 1031 exchange transferring the funds into escrow with a qualified intermediary. I then purchased (2) properties on August 29th with the 1031...
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As most of you know, the National Association of Realtors set a date of August 17th, if not sooner (depending on the state) to be the day that ALL states change the way buyers work with agents (somewhat). Reminder, wh...