James Thompson
Sold Florida STR - 1031 or Cash Out???
Looking for advice on best strategy/next step following sale of a home we owned in Florida as an STR.
Background: Sold 3bed/3bth home, have approx $600k equity. Funds currently being held by QI.
Option 1: 1031 into...
Howard Montaque
Preparing for my first cash out refinance. Not fun...
So I have been driving myself nuts working on the duplex I "house hacked" before I knew it had a name. New kitchen, dealing with tenants schedule, changing the new stove from gas to propane, ect. I owe $150k. The most...
Katherine Bremner
Funding Downpayment/Loan options using existing properties
Hi BP Friends!
I’m a new(er) investor in Wisconsin in need of some advice on how best to fund an off-market 8 unit (long-term). Purchase price 700K.
A little about me: W2 job (160K), credit score 800, ~600K in 401K....
John Peters
Can I Do This?
I am new here, a friend suggested I join this forum, I’m glad I found it, I’m sure I’ll be here often. I have a 1031 exchange question, can I do this? I own two adjacent properties, one is a 1031 exchange property (I...
Glenn Hoffman
Stessa Expense Management Software
Hi all, I'm currently managing under 10 units and am using Cozy for rent collection. While Cozy does a great job for collection, the expense management piece is lacking. It's possible this may get improved as Cozy i...
Tyler Divine
*Tax Pro Question* One year clock on new home build?
Quick hypothetical question for Tax Pro's out there:If you have purchased a lot to build a home on, when does the one-year clock start to switch from short term to long term capital gains?Does it start when land was a...
Brian LaPorte
Refi options for BRRRR?
Interested in hearing your preferred method of refi when completing a BRRRR. Trying to plan ahead, by April we'll be refi'ing 4+ properties, each with varying levels of rehab - three duplexes and one 4-unit.I know we...
Jasmine Wilkes
how do you get gap funding
im about to purchase this property and trying to find gap funding for an amount under 20k
Garret Anthony
No Income - 100% LTV loans - Are they a good idea?
Hello everyone,
My name is Garret Anthony and I have a simple question I want to ask the community.
Would using a no income zero down loan be a good idea?
Thinking about buying a $2,000,000 property with zero down ...
Paige Roberts
Best product to kill German Roaches
Has anyone ever dealt with these horrible things? I've tried the boric acid,borax, foggers,sprays, even professionals have come twice but I fear they will come back. Should I just keep doing follow ups with pest cont...