First househack duplex, our contract had close on June 16th. I took 2 weeks off work between then and July 1 to make my unit livable. Those dirty tenants can't move into their new place until July 1. My lease is up Ju...
I have a foreign client who is completing a 1031 exchange, and has decided to bring extra cash to the closing table to replenish the "withheld" FIRPTA amount on the sale of the relinquished property. This will allow u...
Have borrowed money from a friend to start a company. Don't have the funds yet to start paying him back, My question,, How can I pay him with my own money, and then reimburse myself back when able through the LLC.
Hi BP Team,I am in the process of making an offer on a home, but the seller wants to rent it back for six months which doesn't make sense to me. Please note that l like the property and the rent the seller wants to pa...
I'll make a long story as short as possible:> House built in 2008, first owners used husbands VA loan to secure (220k loan), stopped paying HOA and bank shortly thereafter (current payoff 500k+). SCRA protections p...
“If you want to know the future, look at the past.” —Albert Einstein
I started thinking about what the future holds and what it could look like when the next crash happens.
Naturally, I wanted tonlook back to the ...
Hello BP,I'm very new to wholesaling. This would be my first deal. I contacted a seller today and he called me back. He has a property in a not so nice neighborhood and wants 10K. He also stated he had back taxes o...
I am back on BiggerPockets after a 6 year break. Life threw a few curve balls with the real estate game plan. My initial plan was to finish my time on active duty with the US Military and move to South Florida and s...
The street is dead, How to bring it back to life.Here’s the deal, I’m looking at a street that could have some good numbers building and selling duplexes/triplex in a cul-de-sac, I believe there is need for the town.T...
Long Story short, they keep on changing the closing costs to the point that we were about $1,000 short. Now we decided not to close and they agreed to return the EMD. On the release form though, the EMD we only are ge...