Richard Lima
capital gains question
I'll be selling my first investment property soon and will be buying another property and do a 1099 exchange, my question is if I'm going to have about $180k after the sale then I assume I have to buy a property at $1...
Maya Bulleit
Newbie asking: How to best use my $500,000 equity
I have approximately $500,000 equity in my primary (and only) home. I have three goals and not sure which to tackle first. Curious to know what others would do.
Improvements on current primary home (new roof, exterio...
Kendrick Carter
203K Loans For Beginner Investors
Good morning you all,
I currently reside in the Corpus Christi area and my family and I are relocating to the Houston/Spring Texas area very soon. One of my wholesaling contacts mentioned the 203K loan as to an opti...
Julian Riezgo
Moving to another House Hack
I heard on a YouTube video that in order for you to move out of your 1st house hack after you've lived in it for a year, you need to have 25% equity in the house for you to move on to another house hack. Is this true?...
Jenn Barona
Seller financing-Defaulting on the loan
What happens if a buyer defaults on a seller financing deal after they have already made improvements to the land?Here's the story… I am a realtor in Gainesville FL and I have the seller and a potential buyer posed th...
Tommy Rollow
First Deal - SD Condo in 2014
Investment Info:
Condo buy & hold investment.
Purchase price: $281,500
Sale price: $620,000
Originally bought and house hacked while I was stationed in SD with the Navy. Converted to full rental...
John H.
House under Deposit questions
I have rehabbed a few single family homes that all sell to first time home buyers. Most times these houses go under deposit and sometimes fall through due to financing.
The latest one, on market for 8 hours and we...
Gregg Hutton
401k Down payment with bad credit
hello fellow investors,
my wife and I need to move out of our first property in northern VA to a much bigger home for our growing family. I have 8300 to put down thru my 401k but our credit is bad. is there anyway to...
Luke Wielgopolan
Student Loan debt vs Starting in REI
I have been interested in REI for a couple years now, but haven't pulled the trigger for various reasons. One of those reasons is Student Loan Debt. I have paid ahead by over a year and have been paying for a few year...
Andrew Taylor
Need Creative Deal Structure Advice
Trying to sell a property I own in a nice, acreage neighborhood. We own one of the larger parcels (4.5 acres) with large, half-acre pond. We bought the property with the intention of building a custom home. We install...