🤔 I was wondering if an investor can minimize capital gains by doing a cash out refinance before selling the property. Let’s say I have $100k equity in a rental. The property is worth $200k. I do a cash out refi and g...
I have a colleague who is trying to help a friend. The father passed away in the rental property, the landlord changed the locks, May rent was not paid, and the family is trying to understand the process for gaining a...
I am hoping that a CPA might respond to this post. I'm going to sell a rental house via owner financing and I'm playing around with various loan amortization schedules to settle upon loan terms where I wouldn't pay an...
Hey everyone, I'm brand new and my family and I will be moving out of our first home soon and are planning to rent it out.Could someone give me a rundown of the things I want to have in place and squared away before w...
Hey Group. Â I have noticed some of the larger banks (B of A) are *still*Â hosting limited lobby hours and business hours. Â They cite "CDC guidelines" as their reason for this. Â I have visited multiple B of A branches, ...
Hello BiggerPockets community! I'm so excited to be here and learn from you all. I'm a newly licensed real estate agent and I would like to sell investment properties to local investors. I eventually would like to bec...
Hi, BP-I need some more advice. BP recently helped me check my understanding of my return on equity (ROE). It's not great. Maybe as high as 3.3%, but probably closer to 2.5%. I need to deploy that equity and get it wo...
I have lived in my single family house for a little over 2 years. I rented the apartment above the garage out for 1 year. I was thinking of 1031 exchanging 20% of the proceeds from the sale (20% because that is how mu...
I just read through all the threads on the pros and cons of getting licensed for an investor.
Someone recommended doing the coursework for the learning experience, but not actually getting licensed (due to the annual...