Joe Fernandez
Offers on MLS property by Agent/Investor - Contract Questions
Hi, Newbie here, both agent and investor.I found a few listings on the MLS i'm going to make offers on (lowball of course), and hope for a bite. Any suggestions on contracts, exhibits, and stipulations I should inclu...
Colin Williams
Capital Gains When Seller Financing
In this example, I'm wondering how Capital Gains affects the seller.
Let's say I sell a duplex for $1,360,000. The buyer pays $650,000 down and I finance the difference to the buyer. Will I be hit with gains against...
Kurt Gutormson
Seller Financing and 1031 Exchange
Can an owner sell a property with seller financing and still use a 1031 exchange to purchase another property? Or how would the seller go about structuring the deal to avoid the large tax costs with selling?
Bienes Raices
Determining basis of REO property (rental)
If you bought an REO property (to be used as a rental) that needed substantial repairs and the market value is higher than what you paid for it, how do you determine the basis for federal taxes?
I have been told vari...
Cedrick Pierre
When house hacking best way to include utilities in the rent?
I recently purchased a single family home and I am having trouble figuring out the best way to include utilities in the rent to make it fair for everyone. Can anybody help?
Ryan Aung
Delayed Financing with Rehab cost included (BRRR method)
I listened to BiggerPockets Podcast #406. In the podcast, the guest mentioned Delayed Financing with Rehab cost included. She briefly mentioned about HUD-1 statement recorded. I search all over the internet but it all...
Account Closed
First purchase of a rental property, looking for feedback!
I have been looking to purchase a rental property for quite some time now and might have found one that is reasonable, after all the numbers are crunched the property I found, which is a triplex, in a reasonable neig...
James Keeton
Rate and Term Refi After Hard Money
Long-time reader, first time poster and investor. In the middle of BRRRR rehab with hard money financing purchase and some of rehab. Plan to eventually cash out refinance with conventional loan in 12 months, but looki...
Dan H.
Proposed regulation on real-estate purchases made in all cash
Proposal to regulate all cash offers to reduce use of RE to launder money. Not sure what effect this will have on investors who make all cash offers or sellers whose RE for some reason does not qualify for traditiona...
Isaac Schulman
Closing Costs?
What does this phrase refer to exactly? Where is the money going to and how much, on average (for whatever niche) do you spend on this step?Thank You!