Amy Stanley
cash-out on my investment property 1031 exchange?
I am doing a cash-out refinance on my investment property. I will be using the money to invest in another investment property. Do I have to put the money into a 1031 exchange if I plan on purchasing before the end o...
Mark Scuderi
Looking to advance into rentals
I decided to begin flipping last January. Tomorrow I close my 4th deal, but I am coming to realize the tax consequences are becoming an issue. I have a Hard Money lender I use for my flips, but am looking for a priv...
Yashar Fred
Appraiser report delayed
The closing day has already once been postponed for the delay in the appraiser's report (the appraiser has been on the property 20 days ago). Now we are 3 days away from the updated closing date, and the lender has no...
Ezekiel Tumala
Using first time home buyer loan as a rental
Has anyone ever used a first time home buyer loan and rented it out right away? From what I read, you have to live in it for a year. I'm thinking of investing in a single family home. Has anyone ever rented theirs out...
Amanda Freeman
Where to start and how to move through this pandemic
COVID has wreaked havoc in everyone's lives and to help with the impact our government has placed programs to help homeowners get through this pandemic. A forbearance is a great option, but it can greatly hinder your ...
Rich Hupper
Making payments to seller after closing
Can someone educate me on the law concerning monetary gifts paid to a seller after a real estate transaction has already closed? This would be specific to deals where there are no mortgages involved.
Peter Walther
Title insurance on lands in Indian Reservations
Here's a link to an analysis of a recent US Supreme Court decision that might have far reaching affects. I suspect title insurers will begin to insert policy exceptions to remove coverage for losses related to it. I...
Chukwudi Motanya
Affect of choosing a Bad Market for Multi Family Investing
Hi Bigger Pockets,There have been many articles about the perils and pitfalls that come with multi family investing in a bad market (Declining population / job growth, crime, price). On a first hand experience basis, ...
Angel Perez
QUITCLAIM Transfer
I have a property that I want to transfer to my LLC. Do I have to transfer it for value and if I do are there any tax consequences? Need help A.S.A.P.
Fausto Carosella
Insurance Co asking to add owner as additional insured
We have a property in Florida in an LLC insured with Tower Hill Insurance. They are now requesting/requiring listing an “owner” as additional insured. Is there a rationale behind wanting this now, or a consequence for...