We bought a property in 2019 using a 1031, now we want to refinance that property but as part of the re-fi we want to move it into an LLC.
Will the change in title (ownership) trigger a tax bill because we used 1031...
Ok so I've saved up a substantial amount of money to start wholesaling. What I would love to gain some insight as to how I should begin. What type of list should I go after? How much should I put into marketing? Where...
Recently a family member passed away without a will. This family member has a normal 3/2 SFH in an un-remarkable neighborhood. The surviving family members have agreed to make me the owner of the house. We have ...
I think I have found the first property I'm going to pull the trigger on but was hoping the Bigger Pockets community could give me some feedback if it looks good. Here are the details on what I calculated:
Pu...
Investment Info:
Single-family residence buy & hold investment in Orlando.
Purchase price: $218,000
Cash invested: $51,000
Down payment $43,600
Closing Cost $4,300
Rehab $2,000
Holding cost $ 1,...
Hey All,
I'm a Los Angeles based real estate investor with 12 units and over 30 transactions, but none have been a Sub 2. Seeking advice on how to proceed. The deal was brought to me by a wholesaler...the property i...
Hi, I am trying to understand Hard Money investing. I have done flips before but used my own money (precrash). So my question is how does hard money work? It seems a little to easy and too good to be true, but I belie...
I was wondering how a "subject-to" deal works.
This is what I was told:
"subject-to" financing. You would essentially assume payments of their mortgage and the property would be in your name.
But I don'...
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I am currently holding a rental property in my personal name and would like to transfer title to newly formed LLC. Not wanting to trigger getting my loan called, here is my line of thinking...Current mortgage is $58k...