Hello BP,I am new here and fairly new to the real estate investing marketplace. I personally own (but will transfer deed to a SMLLC) a NJ condo that I rent out but would like to utilize a 1031 exchange to pick up a f...
Hello Bigger pockets!I am an investor from the NY area, am planning to purchase a home with the following details:Multi family home, 3 br downstairs, 4 br upstairs, student rentalPurchase price: 185K, needs about 8K i...
Hello all. I have searched the threads and have not found a result that directly answers what I am looking for. I am a licensed realtor in Texas and am looking to start a legal entity for wholesaling. I eventually p...
Hi all,
I’m looking to acquire a HELOC on my primary residence that Ive just started renting out. I’m currently living with my girlfriend at her place so this is my only property and it’s in my name (lender would not...
"Property" not Propety...Sorry if this is a redundant question. I seriously searched for answers to similar question. I have a SFR that I've purchased in 2008 for $250K. After repairs It will likely sell for $400K....
Selling an investment property can result in significant capital gains taxes. To minimize this tax burden, consider the following strategies:1. Utilize a 1031 Exchange: Under IRS Code Section 1031, you can defer capit...
Hey! Does anyone invest with short term rentals in Emerald Isle or Atlantic Beach and utilize a property manager/property management company they would recommend? Thanks!
Does anyone utilize a line of credit as an emergency fund?
How can I utilize a 1031 exchange if I sell current property and hold a 1st mortgage? Can a 1st mortgage be used as a deposit on another property?
My wife and I have purchased our first duplex out of state using money from a cash out refi. The property is stable and income producing with reserves attached. Rather than doing the long haul approach of saving up en...