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Hey Biggerpockets guys and gals! I've been watching some of the podcasts videos on YouTube for a little bit now ,and am interested in taking the leap towards getting my first rental, but feel like I still could use so...
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I sold a SFH last month and used a 1031. I'm now using those funds to purchase an 8-Plex. I will use my 1031 to fund the deal. My question is, if I bring a partner in (my brother) to split the DP, will this transactio...
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I'm speaking to an owner who bought a property through 1031-exchange and has a 2 year required hold period due to owning it in an LLC and being a "related party". Could I purchase this property subject-to the current ...
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If you get a chance and are looking for information / education on this subject research Scott Carson. He is an SME on this topic and has plenty of free information. I am not selling for Scott, I am offering praise f...
Ive followed various personal finance blogs and forums for a number of years, and doing so has given me a lot of sound advice for how to manage my money. However, I still remained fearful of money (or rather, fearful...
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Context: Detroit, SFH tax-foreclosures...properties ranging in value from $3K to 30K....no mortgage financing, only cash purchases between investors or investor to occupant / tenant.Questions: Are there any legal issu...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $110,000
Cash invested: $20,000
This opportunity was presented to me and I pulled the trigger after looking at it!
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Hi All Here is the situation: I have spotted a potential deal and looking for equity partner, my uncle showed great interest and agreeing to partner with me on this deal, however due to the time limit we didn't file a...
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What is the difference between buying Subject to financing VS Quit Claim Deed (Quit Claim if you've done your title search homework) from a liability standpoint? Are there pros and cons between the two documents (resp...
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Hi guys I finally pulled the trigger and bought my first duplex!! I'll go more into the details in a different post so everyone can tell me how bad of a deal I made 😜However, due to terrible communication with my mort...