We did a 1031 exchange in 2020 where we exchanged a smaller, older house we bought in 2010 for a much larger, newer house. The exchange went well. When we did the exchange, we took out $25k knowing we would be taxed...
Hello BP, I've had a busy week showing our SFH and accepting rental applications. I have 3 applications... 1 solid one that I would love to have and who would be perfect. The other two I honestly dont feel would be ...
Hi All:
I want to validate the following:
If I use a land contract to buy a house, with Subject To existing financing, from the seller, and the seller is upside down, meaning he owes more than the curre...
Hey all,
So I have been trying to figure out ways for my wife and I to benefit most from a house hack. The ultimate goal is to be able to live for free, then move out after a year, and keep the property. Here is my q...
Hello everyone, I finally made the move on a Triplex in Florida. I was curious to know what the first step to do when there is already a tenant in place. (House has not been closed on, but offer accepted).This tenant ...
My name is Tom Adent and I live on the Gulf Coast in Daphne, Alabama.
I was researching on the Internet popular sites for real estate investors and was directed to Bigger Pockets!
My background is sales, marketing a...
Sorry for such a long post but details are criticalNeed some guidance regarding my friends situation. He will loose his deposit and all loan fee paid if he did not get this loan approved = 2K (loan fee non-refundable ...
My partner and I are just about at the last leg to begin to invest. We don't have money to put down so I'm thinking our only option is to use a hard money loan. Do hard money lenders have an option to be pre-approved?...
Here's my scenario.My husband & I are renovating a house that we own outright (approximate worth is 350k).....we are interested in taking money to finish the renovation & also we have an interest in buying ano...
Hello All,I'm in the process in buying a second home for the purpose of renting out. I plan on going with a conventional loan at 20% down, the loan officer I'm working with has me pre-qualified and has the interest ra...