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...
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...
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 ...
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...
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...
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...
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...
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...
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 ...