so I am currently working on my first subject to deal but the seller has expressed to me he owes plenty less than what he's listing the home for sale as and his main goal is to do a 1031 exchange on the property but s...
As a general contractor here in the Chicago area. I want my fellow investors to remember when hiring a general contractor, included in the costs of completing your project he/she will charge overhead and profit. So fo...
I am the owner of the house, listed my house for rental. I am dealing with 3 different applicants with following situationsa) one has 7 kids of her ownb) other has 3 kids of her own and 5 kids from foster care (she ge...
Looking for advice on how to select/choose a QI during a 1031 exchange? For those of you that have successfully completed a 1031, did you use a 1031 company or did you work directly with a QI or did you work with bank...
Hello All,We’re going to sell our triple decker in Rhode Island this year and would like to do a 1031 exchange. Can someone explain how the process work step by step. Thank you very much
My question is : how soon can we refinance after closing on the replacement property? We sold a property for 1.95 million. The replacement property we will be purchasing is at a price of 2.9 million. We want to have...
Hello all,I recently received an email offering lending. I asked for more to details to try and vet the party, and I was sent a website richardlendinghome.com for further information. Everything "seems" legit, what ar...
Looking for some input from the BP community.We're thinking of selling a triplex in Venice, CA soon. The property is owned 50/50 between my husband and me and my parents. For various reasons we have decided to sell an...
I have the opportunity to purchase two condo units within a complex. Has anyone done the same before? Whats the best route on these? Reason I am interested in this is because it is on a college campus and can be lease...
I'm selling some vacant land in the very near future (Next week) and I'm trying to figure out what to do with the money to not get hammered with taxes. It was something that was not on my radar.... I don't need to use...