Hello, I am in a situation where without using 1031 I will wipe out almost all gain in paying taxes for practical purposes, I want to get more time then 45 days (takes me on average 6-8 months to find a deal) and so I...
Hi, i had posted few months back, i invest in Cleveland (University heights, Cleveland Heights, Garfield, Euclid). Have 5 properties (1950s). We did inspections, being out of state we work with management companies, s...
I've been dying to get into the real estate business. I have sufficient drive, credit, income, and handymen in my life to make it happen today. My only issue right now is the huge down payment required on a rental p...
Hi Everyone,My wife, 2 month old son, and I just recently moved from NYC to LA. We're currently staying with family in Commerce to save money to buy a house somewhere in LA (open to suggestions). After stumbling upon ...
Hey BP community. This is actually my first post after reading for months. I'm pretty new to all this and it seems the more I learn the less I am actually able to plan a strategy.
Here's where I'm at: I am a married...
Hi everyone, I needed your help. I’m trying to get started with the BRRRR method. The issues I’m facing is that although I own a couple of properties already, in order for me to use BRRRR I would have to sell one or d...
We have on an offer for 20k over ask on our Phoenix listing (on the market one day) and the buyer is worried about the appraisal.
We are selling through a 1031. Can I offer to carry back part of the sale price if ...
Hi all,Can I use a FHA loan on a small multifamily (2-4 units), as long as I live in one of the units for at least 12 months? Are there any other major stipulations to consider? Any tips to get qualified for this type...
Hi everyone! I am currently looking at this 12 unit multifamily deal in Miami. I plugged in some numbers for the property to get a rough estimate of what I am looking at, but wanted to know what you guys think. I used...
Hi all,I've mainly focused on fix and flips over the last couple of years but am currently moving into more of a hold and rent strategy. I'm looking to discuss corporate structures with a local attorney but have been ...