First time 1031 Exchange user. Hoping to do an improvement exchange. I've got $230K in equity from my relinquished property to spend. And a target property that I think I could get if I offer $160K cash. Is this all O...
Investment Info:
Single-family residence buy & hold investment in Columbus.
Purchase price: $100,000
Cash invested: $15,000
Completely rehabbed the interior of a 2 bedroom and 1 bathroom single f...
Doing a private mortgage out of my solo401k for someone's new purchase of their primary residence. Can I do the mortgage amount higher than the purchase price in order to escrow money for home improvements on the pro...
How can I use Solo 401k money to fund this investment? I lease a property which I have turned into a short term rental. I am the property manager taking care of marketing and day to day operations. Can I use funds fro...
How Tiered Returns Can Help Structure Private Lending Deals
Hey BP community,
I wanted to share some insights on structuring private lending deals, particularly when working with private investors to fund real estat...
Where I'm at today:
A) getting 1.2m cash-out of my 8 family in Brooklyn, at 5.75/ 30 year adjustable with $60k in closing costs (NYC Mtge tax is 2.8% so that's 33,400 right there). ** How's that sound? Are there be...
Married father of 2 girls (3 and 8 months.)Bought first home when 22 on Land Contract.Have been looking for months to start investing but am trying to follow Dave's Ramsey's plan to get rid of my debt.I am a mortgage ...
I'm looking for an exit strategy , if I did decide to use my heloc to purchase the property cash any thoughts or suggestion on an exit strategy. or maybe something you did, My long term goal is always cash flow. Thoug...
http://www.theepochtimes.com/n3/2157960-the-us-rea...Hey everybody, first time posting here. I've been doing a lot of research on the "real estate bubble" and i found this article that is pretty cool. Tell me what you...
If I buy land today, but wait one year to pay abuilder to build a rental property on the land, am I able to 1031X anything into the new build at that point (one year from now?).Example:- Buy land Oct, 2022.- Sell Rent...