Hi, All,Question- can you find another investor with a property similar to yours and do a quit claim deed to each other to restart the clock on depreciation/do an easy 1031 exchange for tax benefits?
Hey Bigger Pockets! Just wanted to share a recent remodel project we completed and how the numbers worked out for us!The appraisal just came in for a recent BRRR we undertook. The property was valued at $138k.We bega...
Working on getting approx. 75K in HELOC money. I have a full time job. I'm in the Kansas City market. Interested in duplexes, 3s or 4s in my area, in a way I can use BRRRR to develop cash flow, and acquire 10-20 pro...
Hey everyone!Just wondering what my other South Carolina and Charleston area investors are doing to stay busy right now? I'm still buying and selling. It looks like most of my investors clients and colleagues are stil...
Hi there!I recently took Brandon's online course, which was really educational. I'm now trying to get this investment ball rolling, and would love to get your thoughts on this question. What would you do if you had:$1...
If I am planning on a 1031 Exchange, can I close on the new property before I close on the old one? I would basically float the money for the new house until the money from the old house comes in. Any idea if that wou...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Petoskey.
Purchase price: $150,000
Cash invested: $175,000
Old beat up Triplex in downtown Petoskey with a significant amo...
Hi BP community, wanted to collect your thoughts and idea's to help me brainstorm hacking some finances. Was thinking about taking a 2nd mortgage on an existing rental property to cover the costs of acquiring an addit...
I have a vacation rental that I owe $370k on with a 3.75 fixed rate. Home is worth 800k now. I am considering doing a cash out refi with 80% LTV at a 5.25 fixed rate investment loan. This would allow me to pull o...
All,
I'm looking to house hack in the grand Prarie area, and I'm thinking of using the lease-purchase route to acquire a property that is having difficulty selling. My target is 3000ish sqft properties with wierd ad...