I am getting ready to purchase a new primary residence, and I have five properties that I’m considering, which have been on the market for a very long time because they need major rehab or a teardown. I am considering...

I have a question about 1031 exchange financing.  I'm selling a building in a very hot market, and it's going to be difficult to find enough replacement property in time to meet the deadlines.One strategy that I'm con...

What Is A Double Closing?

A double closing or simultaneous closing as it is sometimes called is when you (the buyer) actually take title to the property just before you sell it. This means that your name or the name...

During a wholesale deal with a double closing would you have to use Transactional funding or Hard Money to closes the deal on the sellers side.

Hello BP,

I am currently in a Real Estate Broker's course in Illinois and tonight we were going over Lease Options. I brought up sandwhich lease options and being a member of BP, I had to ask about the doub...

If you are an established multi-family investor or wholesaler considering automating and improving aspects of your current process with Podio it could initially appear prohibitively intimidating. While it is a large u...

I'm curious if anyone out there has experience building a new ADU in the Coastal Zone in California. I was under the impression that the state law of 4' maximum setback superseded any other jurisdiction, but I recentl...

If the seller of the house has a mortgage on their property, and is looking to move to a new house. How do you structure it smoothly so:

1. The seller doesn't end up with two mortgages (one on their current house and...

Hi BiggerPockets! I am graduating from my Master's program and will be living and working in NYC. I've been really fascinated by Real Estate investment, and with some personal savings and a pretty stable income, I'm v...

Hi biggerpockets!

First off love the forum!

We are submitting an offer on a 4 unit multi family with owner
occupying 1 unit. Owner would like to create an LLC for this multi-family property as well as each MF he buy...