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Good Morning fellow BP'ers!We are Howard and Heather Johnston and are new to the REI world. We discovered BP about 6 months ago and have listened to every podcast, many twice, watched webinars, followed threads, bough...
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Hello everyone I'm new here and from Southern California (Long Beach area). I'll get right to it: I've got some funds sitting in a savings account and I'm looking to get into something more worthwhile. The problem is ...
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Hello all,I am deciding between selling my single family home in Long Beach, CA in order to purchase a multi family property and using a cash out refinance to build an ADU and junior ADU. I currently have about 55% eq...
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OK, here is the situation I'd like some creative financing / deal structure ideas please.I have a deal/property & I approached a private investor friend with:I originally structured the deal to him as a 'debt' onl...
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I have a 20 and a 19 unit property that is professionally managed off-site. I pay 7% of collected income and my manager also charges leasing fees, trip fees, and recently another fee that really bothers me. The new ...
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I am looking at an off market deal to help a neighbor and make a long term investment. My neighbor needs to sell and doesn't want to move. I wanted to propose he sell to me at a 20% discount and I would lease it back ...
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In our almost 30 years of time in the 1031 Exchange business, we have had at least a half dozen serious attacks on Section 1031’s existence. Although the 1031 Exchange has been in existence for almost 100 Years, it is...
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Hello Bigger Pocket community!I am brand new here (in terms of having an account), but have browsed the website for a while now. I have a longstanding interest in real estate and was wondering if I could ask member...
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Hey everybody,Here's what's going on: I have a motivated seller who has agreed to seller finance a duplex they own (not owner occupied). Terms of financing are:Purchase Price: $31,500 Down Payment: $1,575 Monthly Inte...
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Really quick scenario...I have a home we purchased in 2009 for $123K cash, rehabbed it and have been renting since 2010 for $600/mo cash flow. Seller's market in Wenatchee, WA and can list to sell at $250K. My current...