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Hello from Chicago! How does the 1031 exchange apply to a multi-family unit in the case where 1 unit is rented and the other is a primary residence? I'm reading Garret Sutton's Loopholes book and it doesn't offer sugg...
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Hello all,
I may be receiving some funds from a fix and flip and wanted to know what I can use them for with a 1031 exchange besides another rental property? Can I invest in a Syndicate for land development? Can I ...
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I'm currently looking into 3/1 ARM loans (2.65% interest from local credit untion) to purchase and sell some fix and flip houses, rather than a a conventional 30 year fixed loan (3.9% apr) to save on interest rates. ...
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We sold a property using the 1031 process and were approached by a business about purchasing a piece of commercial property for them with the intent to create a rent to own agreement. Our previous experience has been...
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I have a distressed owner wanting to sell, I can't find any good contracts anywhere, would it be just the standard residential purchase contract?
First and foremost, thank you for reviewing my questions.Property type:RV park Price: 2.3 million Seller:The seller has agreed to take on a 2nd mortgage. Buyer:Pay the seller 50% of the asking price to be on the 1st. ...
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I have owned my duplex for 2 months in Ventnor, NJ and I have since renovated the 2nd floor apt one and I have refinished hardwood floors throughout. Presently, the duplex is bringing in $2100 monthly for both units....
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So I just recently purchased my first investment property, and during the process, the mortgage lender was trying to nudge me into getting the loan as a secondary residence (stuff like: "You'll get a lower rate, you c...
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just wondering if you pay cash for a hud reo you declare yourself owner occupant,,,how long before you rent it out? do they really check this out???
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I recently closed on a duplex with the intention of moving into the vacant unit (I inherited a nice-but-always-late tenant, which I'll ask about in another post). Since I am moving in, I was able to get a conventional...