Is it possible to do a 1031 on a partnered property if the new property is the same split? Can you use some of the proceeds for the down and some for the rehab? 1031 is new to me. I have never done one.
Hello,Thanks in advance for any insight provided. I recently created an LLC so that I can manage one of my properties, long distance. I understand that I need to get an accountant, but am not sure where to start.
If I cash-out refinance my personal car (originally purchased all cash), then use the proceeds to buy a rental property, can I deduct the interest paid on the car from the cash-flow coming from the rental property, fo...
Hi,I have a few rental properties (single family homes) that I would like to get refinanced to a lower rate. Before I call twenty different places just to find out if they do mortgages on rental properties, if they h...
Hi,
I have found what I think may be a great deal and the homeowner wants cash asap. I haven't mortgaged anything in over 30 years but remember it taking awhile. How does the hard money lending work? i know its a h...
Hi everyone,
New to the forums and going through the lender approval process for a multifamily (aiming for a quadplex). This will be my second home purchase, but it'll be owner-occupied. I'm getting FHA interest rate...
Folks I have my first deal under contract and am in due diligence time . Price 65000 in Henderson County, NC. In good neighborhood. My Realtor says the property should have ARV of 140,000$. Looks like there is a...
Which tool I could used to check this? I am new to this and trying my best to learn everything I could to land my first investment.Thank you advance for your time.
Does anybody out there know how to find out if a foreclosed property has any liens on it? Also GMAC holds the foreclosure and I would like to purchase directly from GMAC, can you do this and if so how does this work?...
Hello BP Family,Does anyone know lenders (preferably local) that provide 85% or higher loan-to-value refinancing options on BOTH owner-occupied and rental properties in the DC metro? Recommendations are highly appreci...