Juan Arango
Newbie with a trump mentality
Hello everyone!!! My name is Juan and i am brand new to the bigger pockets community. I am newbie to the real estate game, but will be closing on my first 4 family unit November 25. The property is in Rhode Island an...
Alex Lam
Beginner post Improvements to make for max value?
NEWBIE NEEDS HELPWhat’s up BP community, 5 years ago I purchased my first home with a FHA . I’m looking to re-fi soon into a conventional loan. What rehabs should I do over another to get the best appraisal? Current l...
Freddie Walker
Home Improvement and Renovation Advice
Being new to Bigger Pockets I was not sure how best to distribute information such as this. However it seems these articles from the latest ConsumerReports magazine might be of interest to a large number of members.ht...
Ashish G.
Reverse 1031 Exchange
Folks,
I am looking for anyone who has done a reverse 1031. In this you buy the new property first, it is held under a SMLLC title by 1031 intermediary and then you sell the existing property.
This eliminates the r...
Diane Tycangco
Cash Out Paid For Rental to Get Downpayment for Another Rental
Hello, I am thinking of getting equity out of a paid-for rental and use it as a downpayment for another rental. Someone told me that when you do not use the loan to buy, improve the property you borrowed money from, ...
Art P.
Mortgage Interest deduction tax treatment on mixed use assets
Hello all tax professionals on BP, I would like to reach out to the knowledge base to see if any of you have dealt with a similar situation as addressed below and how to properly handle it. Thank you in advance!Topics...
Christopher Dunson
Need to add co-signer to LLC as a member to make him eligible
A year ago, I purchased two Four plex with the plan of improving and refinancing within a year time period. More or less the BRRRR strategy. Of course there have been all of the unexpected learning experiences from th...
Brian Tran
Can you get away with poor credit?
Hello,I'm in a position where I have low debt because I have high utilization from my student loans that I am trying to catch up payments on. My question is if my strategy is to buy and hold where would my credit matt...
Amy Stanley
cash-out on my investment property 1031 exchange?
I am doing a cash-out refinance on my investment property. I will be using the money to invest in another investment property. Do I have to put the money into a 1031 exchange if I plan on purchasing before the end o...
Omar Ruiz
32 Unit Apartment Complex in Houston TX
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $650,000
Cash invested: $225,000
We purchased a 32 unit apartment complex just outside the down town a...