Jason Walker
Process for a pre approval mortgage amount
Hello,I am new to the mortgage process and I wanted to get an idea of how much I might qualify for if any but I’m finding the process rather difficult. I called lending tree and they put me in touch with quicken loans...
Account Closed
Lots of Random Wholesaling Questions From a Newbie
Hello BiggerPocketeers!I am preparing to start marketing for wholesale deals as a side hustle and have run into a few questions that I need to be answered before really getting going. Context: I have my real estate li...
Aliosha Gonzalez
best way to pay for closing cost when buying together
My fiance and I are buying a home. She is the only one on the loan but we plan to be both on title. We will be splitting the closing cost.
What would the best way be to pay for the closing cost?
1. Should I give m...
Jay Hurst
What goes into cash to close? What are closing costs and what are pre-paid items?
There is a lot of confusion about what comprises closing costs and prepaids and understandably so. I see a lot of posts on Bigger Pockets asking if I should refinance because my closing costs are XYZ. Often, these num...
Mike G.
how best to invest 1031 proceeds moving forward
Hello fellow BPers, a close friend of mine revealed to me recently that they are selling all their rental properties where we live and relocating out of state. They have done quite well and bought during the market do...
Matt Mcconnell
First time real estate buyer.
Hey yall, This is my first post so be nice. :) I am looking into getting into my first property, but am unsure of how to go about it. I would like to try to do it for as little money down as possible and refinance and...
Jason Bouck
Roth/Traditional IRA Question
So when I left one of my employers, they notified me that they moved my funds into a traditional IRA account (this was before I knew anything about retirement and financial education). As I found out how important re...
Gary David
Using CARES Act to withdraw from my 401k to Invest
I am new here and would like to get some input on this matter. Please don't post any comments on how taking money out of my 401k is going ruin my future savings and compounding …blah blah...I have enough in there tha...
Deanna Hubert
Subdividing Property sell lots or keep and build duplexes
Should i try to sell the property prior to putting the infrastructure in or pay to have the infrastructure put in, then hire a contractor to build the duplexes to either sell or keep for rental income?
Yael Fuerst
Tax question
HiI was wondering if a pre-sale of a property, or selling shortly after it is constructed and move in ready, is subject to the same tax laws the same as a flip?And if so, how long do I need to hold property before I c...