Hey there bigger pockets. I have been investing for a few years and have built a modest portfolio in that time. I have stumbled into an interesting situation and am looking for feedback from anyone that might have be...
First, thank you for taking the time read this snipped and consider providing advice.Situation:I purchased a home as a primary residence this year. The lender requires me to live in the home for 6 months and 1 day (ma...
I saw an ad on craigslist about a burned up house in north canton ohio. I texted the seller, got the address and did a drive by. it was about 1900 square feet, 4 bedroom 1 bath, with a detached 2 car garage. the house...
I have a friend who was recently laid off and was looking to buy an REO in an OK neighborhood. If he buys it, fixes it up and decides he doesnt like the neighborhood in say 3 months time, and decides to sell, can the...
Hi BP,
Quick question, I completed a 1031 exchange on 9/2023 (about 4 months ago). I purchased a 6 Unit Multifamily as the replacement property and put about $150K in renovations into it. However, after thinking abou...
Can I sell a spec home and turn around and use the profits to buy a vacant piece of land that one day I will build a home on for Primary residence under the 1031 exchange rules?
We purchased a recently flipped cottage in June 2017 for the intended use of renting it out as a vacation home as well as personal use. Well, someone whose family owned the cottage during their childhood has made us a...
HelloI m finishing a new single family home on a land I bought 18 months ago.I don't want to live on it, just resale it...Can I do a 1031 exchange with it to buy another land or another property ?
Hello all, I am a new wholesaler just getting my beak wet. I have found someone interested in closing a deal. Ideally I would like to just get this BP contract I found under the file place signed online so I can get t...
I am currently working in development of raw land. In short, we by a large piece of land, make improvements, split it into smaller tracks and sell them. At one time I was told that even if I hold this property for o...