Aden Brust
Can you use a 1031 exchange to build a property?
Hey guys! I have a potential deal I’m about to go under contract on, there is just one hiccup. The seller is seller financing me the property with a balloon in 3 years if it appraises for the current purchase price in...
Yoshi Uem
Tax treatment for duplex selling
Hello, I live in one unit of duplex and rent the other for more than 2 years of last 5 years. Now I am thinking of selling it. Can anyone verify the tax treatment as of today that a gain from owner occupant unit is ap...
David Miles
1031 Exchange --> Moving In?
I've been watching the forums for a long time, but haven't posted before. I couldn't find the answer to this question, so I'm sorry if it's been asked before.I am buying a new rental property, and am going to 1031 exc...
Account Closed
S Corp - Are we doing this right?
Hi BP Community,Can you provide some guidance on the best way to purchase a rental property given the below scenario? Thanks!4 Partners planning to purchase rental property using conventional financing. Our lender has...
Paul Gomez
Need opinion on analysis of a SubTo/SellerFinance to Wrap desl
I have been running some numbers on a deal that utilizes a hybrid SubTo/Seller Finance deal into a wrap around mortgage. Please follow along and be brutally honest with feedback.
Property:
Motivated Seller Listing ...
Jason Hill
private loan mortage
I have purchased, fixed and have for sale my 1st fix and flip property. I am short of cash to fix and flip my 2nd property. Would it be wise to ask for private money for mortgage against 1st fix and flip to fund ...
Caleb Huff
Section 8 landlording
Hello! I am in the process of buying my first rental, a 4-plex. One of the tenants is under HUD. I’ve been told I need to apply as a landlord through HUD. Can this be done online or will I need to go in person? What d...
Brad Kirkconnell
finally closed on my second property
I finally closed on my second property. was able to lock in a decent rate right before the rate hike. I should hopefully have it leased within the next week or so, meanwhile I'm currently searching for my next acqui...
Kyle Mitchell
Personal Horror Story
Hi everyone,I need some advice on my personal residence (in California) and an issue I am going through. Long story as short as I can, I purchased this residence about 2 years ago with 4 other people. Each person ow...
Amna Malik
Percentage for a realtor
Hi! May I know if what percentage do you give to the realtor? Thanks!