Tenisha Walker
What is a 1031? Is that cash? Can I still get paid?
I have a multi family unit and i asked for cash buyers. Well someone said they have a 1031 and can send proof of funds. What is a 1031? Can I still get paid cash? How does this transaction work? Anyone can shed light ...
Andrew Feil
20yr vs 15yr commercial financing
Hey BP,I just got a 2 unit property under contract which I am purchasing for $39k cash under my LLC. My current estimates on rehab are $40k. My plan is to get a loan from my local bank for $80k to repay my investors...
George Torres
Should I househack a condo in N. Hollywood or Long Beach? At all?
Hey Guys, Newbie here about to make the plunge! I'm thinking of buying a 3br 2 bath condo in north hollywood/Panorama/arletta, taking one room and renting out the other two... First off, is this generally allowed in c...
Gerald Pitts
Cabins open or closed during Governor order?
Are STRP owners in TN shutting down their cabins under the governors new order? For those who haven't heard, the order is basically telling everyone not doing non-essential activities to stay home to get covid -19 sp...
Mike Landry
selling with owner financing!
Hi guys. We are looking at selling a condo we own in galveston and we are advertising that we will consider owner financing. It is a vacation rental and will be sold either to an investor or someone for a second/vac...
Matthew Wright
San Francisco- Multiunit building- legalizing 3rd unit
Hi BP members, I have a building in San Francisco that is classified as a 2 unit building, in reality it is x3 apartments, the ground floor work was done prior to acquisition and not permitted. I do not want to turn i...
David S.
Future mortgage rates
I'm curious what the thoughts are on future mortgage rates, say 5-10 years out. It would seem to me that most subscribe to the philosophy that rates will stay low indefinitely, in part because that's the new precedent...
Account Closed
Downsizing advice needed - pay cash for smaller home w/o new mort
We're planning to downsize and need advice from those who have gone through this process before. The sale of our current home of 15 yrs would allow us, after paying off the remaining 15 yrs of the mortgage, to buy a ...
Anna Johnson
Tenant with electric car
We live in a 3 family house and one of our tenants asked a couple of months back if she could get an electric car and pay us $50 a month to have it charged up. We generally like to keep our tenants happy and care abou...
Pankaj Aurora
HELOC versus Mortgage for REI
Hello,I have approx. $250K HELOC available (against my primary residence) that I want to use to invest in residential rental property. What is the best strategy to use this? My LLC already owns one fully-paid rental p...