Daria B.
1031ing into a property that needs some rehab
Hi
After finding this as one of the alternative 1031s on @Dave Foster pdf overview I am thinking it’s a strategy I can look to rather than finding a ready-2-rent property to buy.“Improvement Exchanges allow you to pu...
Lauryn Meadows
Funding and Finance advice on Reno for 8 units& flip business
Okay I’m needing some advice on my business finances. I purchased a mixed residential portfolio in April with 8 units. All need improvements ($5k-$10k/ unit) and rent can be increased substantially.(Current GMI $3676...
Wes Harding
California Specific - Financing for Energy Upgrades
Just thought I would let everyone know of this home energy efficiency improvement financing resource available for most areas in California. I am not a representative of this financing program, but do act as a general...
Francis Louis Vogel Jr
Tips on Refinancing Small Apartment Buildings
Small apartment building owners employ a variety of investment strategies with their properties, and sometimes this requires refinancing every several years.
Owners may purchase properties with plans to renovate and ...
Ryan Thomson
Step by Step on how to get PMI removed
If you have owned your home since 2020 there is a great chance your home has appreciated enough in value to get your monthly PMI payment removed. This will easily save you 2-5k/year.
Getting rid of Private Mortgag...
Michael Glatter
VA Small Business Loan for REI
Good morning everyone!When I was getting out of the military, I had to take a week long course that showed what benefits were out there for Veterans. One of those benefits was owning a Small Business, and the VA being...
Armando Carrera
Will I need to pay capital gains?
Hi everyone,Wife and I purchased a vacant lot with the plans to build. We decided to go a different route. we purchased in may of 2022 for $80k. We invested another $20k for improvements, draftsman fees, permits etc. ...
Alex Roter
When to Seek a Commercial Bridge Loan (Speed & Creativity)
CRE bridge loans are tailored to owners and investors who require speed, creativity and certainty of execution.Here are a few scenarios where a bridge loan would be a great solution:1. Time-Sensitive Closings2. Discou...
Daniel Soovajian
Financing question - purchase properties with or without wife?
Hello,My wife and I recently started our real estate investment journey, purchasing our first buy and hold investment property a few weeks ago. My credit was a fair amount better than hers so I ended up purchasing our...
Augustine Chang
Breakeven Strategy for Studio Condo Rental in NYC – Need Advice on Options!
Hi BiggerPockets Community,
I’m looking for advice on breaking even or generating positive cash flow with my studio condo in Prospect Heights, NYC. Here’s the situation:
Purchase Price: $540,000Down Payment: 20%Mort...