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Hey guys, was wondering if anyone could help us out with some advice. We have 25K in our account that we got from a personal loan and now we're 2 days from closing and our lender is saying that they can't count that m...
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Hello everyone, I had a question on financing for a SFH: I will be purchasing a SFH from my parents for 160k. The house is worth 240k from our last appraisal in February when my parents had bought out the beneficiarie...
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Hey all!
Just have a questions that i hope someone has done in the past.
I would like to buy my father a small 1 BR Condo in MI. This would be a cash purchase. I am trying to figure out the best way to ...
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My property manager has done exceptionally well this year and I would like to get them a thoughtful gift. Other than the typical fruit basket, chocolates or wine. Any suggestions? Thank you kindly and happy holidays!
Hi All, A little bit of background here. It's safe to say that I found BiggerPockets a little late, and have made some mistakes (and learned from them), but none of which have been detrimental to my aspirations of bui...
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First time poster, recent member and was wondering if the fantastic BP community could lend a hand. My wife and I have come into a relatively unusual real estate situation. Her parents own a home in Las Vegas, NV (a...
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Anyone in here receive payments from their tenants this way?As I understand it, if they send it via the "friends and family" link (as in NOT "goods and services"), it's free Is there a reason my tenants can't pay tha...
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Real estate investors will not spend a lifetime deferring capital gains tax by taking advantage of the 1031 Exchange to simply throw in the towel at the end of their “active” investment life. Logically, investors will...
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The refrigerator in one of my units quit working last Friday. It is a new refrigerator and is still under warranty. The tennant has been GREAT through this and has moved all of their refrigerated items to a small re...
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Good Evening BB,I am getting a loan from my folks in the form of a HELCO. We were able to settle on a HELOC and I was wondering if there was any consideration during tax time that my parents that are going to have to ...