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Results (831)
JD Martin Is this a legal use of the 1031?
4 July 2022 | 3 replies

@Dave Foster because I know he'll have some insight, but I'm curious to see what others think as well.
On another forum (not BP), someone posted that they were able to do a 1031 in reverse by:
1. Purchasing a proper...

Jack Smith Expanding a legal non-conforming unit in Chicago
15 July 2017 | 9 replies

I run into this problem often in Chicago. A three flat building also has a full unfinished basement or a bit of attic space as well. I would like to duplex down the first floor unit into the basement, or duplex th...

Soniel Estime Turning your basement into a legal 3 unit?
4 February 2019 | 8 replies

I just closed on a duplex with a 203k loan in the Chicago land area. I am in the rehab process now. My plan was to live in 1 unit and rent the other. My architect informed me that my building seems to have the proper ...

Eric Benzenhoefer Help breaking down a Legal Description - Land Investing
25 September 2014 | 9 replies

Howdy,

I have a motivated seller with a piece of land and neither him nor the county knows where it is. I have the legal description, and so I was hoping for help understanding how to read a legal descriptio...

Kirk Calhoon Best way to Partner from a legal standpoint
3 April 2017 | 4 replies

BP Nation,I have asked this question before but with limited response.  I am thinking of partnering on my next deal.  I have only done my own MF rentals in Kansas City area.  I want to go a bit bigger and have some in...

Larry Lee Would me doing this be legal? advice needed
30 January 2013 | 17 replies

My original intent was to purchase a property with private money. Do the rehab. lease it. Then do a cash out refinance. I've contacted no less than 30 banks, credit unions and financial institutions trying to locate a...

Edwin Baker Converting a single+inlaw to a legal 2
7 June 2022 | 1 reply

Hey first time posting and first time home buyer. I am curious if anyone here has any experience or knowledge on what it legally takes to convert a single family with a current inlaw to a legal 2 family
Would be happ...

Andrew Fenton Investor from Georgia
17 May 2016 | 8 replies

Hi my name is Andrew I'm new to the community but I have learned a lot so far. I purchased my first property at the age of 22 and my second at 25. Both were purchased when the market was really bad and everyone was lo...