Shannon X.
Couple of questions
After reading online blogs and these forums and not understanding some questions I have written down a few that I would like to ask.
1) How do you find out how much money is owed on a house? For example I find a sell...
Jeff Fairchild
When to use Transactional funding
just read this article http://m.huffpost.com/us/entry/7021138It says I'm going to pay $2k to $5k for use of the funds for a double close? Doesn't that seem really expensive? When would these funds be needed? Can't we ...
John Melenski
Should I get into rental real estate? My personal story & data
Hi Biggerpockets community,
I would like your input on my personal situation and whether real estate investing might be a suitable avenue to achieve my goals. The reason I'm researching this avenue is despite saving...
David Wolber
is 3400 sqft too big?
Hey BP, My wife and I are looking at a REO that is a beautiful Victorian house that somehow has managed to remain a SFR. I of course have to convince the bank to sell it 50k lower than they have it listed for, but I...
Angie Nasrallah
Help with Flip Bought too High
Hey Biggerpockets! We bought a house too high before the housing market cooled off and we're wanting to simply do a quick flip with a thinner margin than usual. We usually do more involved flips so this isn't normal f...
Jason Howell
Why do wholesalers get a bad rap?
I get a number of updates from various wholesalers in a few different markets. Often I'm looking at the listings and thinking "man, this sounds like a great situation for a person with defined knowledge of taking that...
Ian Dikhtiar
BRRRRing Chicago and its suburbs
Greetings, folksOn my path towards my first purchase that I hope to make one day in a near future, I wanted to ask experienced investors in Chicago area an suburbs a couple of questions and I would love to hear your o...
Moises G.
What is the best way to expedite this deal?
I am working with a client who inherited a free and clear beach front condo in Palm Beach Florida. I am about to put the property under contract but here's the catch....Once this property is purchased by an investor, ...
Scott Elkins
Westen Slope Colorado -CAP rates/ ROI (Telluride Grand Junction)
Western Slope Colorado folks:What are we seeing for above average returns on the Western Slope?Grand Junction Delta Paonia Montrose Ridgway Telluride I tend to find above 8%to be great, yet have a lower socio economic...
Megan Elliott
Are the savings worth executing a 1031 exchange?
I am contemplating doing my first 1031 exchange with a rental I have owned for the last 8 years. The cost basis will only be ~$35k so the taxes would be around $7000 (live in NC). While the tax benefits might not be ...