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Hello everyone, I have my eye on a duplex and I'm about $10K short for the 25% down typically required for a 2-4 unit property. I've contacted the seller, and they are open to offering seller financing on a portion o...
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Hi, I signed up a while back but have not been active. This is really my first time looking around and I'm brand new to real estate investing. I've purchased and sold homes in the past but all as primary residences. I...
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Real estate has high transaction costs. Buying or selling an LLC has less transaction costs than buying and selling property. Aside from lower transaction costs and lack of full title insurance, what are the pros and ...
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Friends,2022: We purchased, rehabbed and rented a property in 2022.2023: We plan to 1031 exchange this subject property this year (2023) into another rental that will also be a value add.Question is: Do the cost seg f...
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I am in the process building a investment company while working full time in the Army. I'm basically starting an LLC for tax benefits. My current property (which was my first)I purchased as a short sale for 136k 3 yea...
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So, I've been searching for how I get my current investments into a Solo 401k. After doing some digging I found that I cannot roll my current ROTH into a solo 401k. I believe I can roll it into a traditional IRA whi...
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Here's the scenario...My wife and I lived in this house for 4 years, rented it out the last 4 and are thinking about selling it. I'm wondering if there are any advantages to putting in an LLC right before I sell it in...
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Bigger pockets community,
Hope that you guys are off to a phenomenal start to your weeks. I have been in a pickle over the last few months on how I want to approach my next rental project. A little rundown on my curr...
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We have just one rental unit (used to be our primary home), and I'm in a situation where I need to refinance. It's a 5/1 ARM and due to the increasing interest rates and two HOA hikes in just the last year, I'm now lo...
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Hey BP nation! Quick question as I wanted to see what everyone thought about these two choices.Would you…1.) Invest $100,000 worth of funds within your QRP/Solo 401k directly into real estate or private real estate de...