I am planning to do a partial 1031 exchange but I am confused.- I thought the rules were that in order to do a 1031 exchange I need to buy a property of at least the SAME (or more) value of the net sale of the previou...

Hey BP! I've been searching and trying to find a deal. I may have found my first deal by looking at tax liens. I don't really care to get into tax liens. So my question is, could I treat this tax lien property as an "...

Hello Everybody,

I am a newbie in RE. After conducting some research, I have decided to begin my real estate journey by wholesaling. I do understand the process but there are two topics of interest that I have not ye...

I am still learning the rental business and would like some thoughts on this deal for a rental. What would you rate this deal, scale 1-5? Purchase: $160,0003 bed, 1.5 bath in Fontana, Southern California1110 sq ft con...

I just got a quote back for a loan for a SFH in southeast Michigan. At $89k ask, there are $5,500 in closing costs ($1,500 of that is tax prorations) and then $2,100 in prepaids (insurance/taxes). The closing costs se...

Hello BP,My name is Michael Hoecht, first time poster on Bigger Pockets. I'm a student in the Providence, RI area and am looking into getting involved with wholesaling real estate. I don't have much capital or experie...

Hello everyone!

I came across someone looking to sell their mobile home at a great price. I have never purchased a mobile home and have a few questions. How do property taxes work on a mobile home? Do they also have ...

Need advice on selling or giving away timeshare? My wife bought one years ago, it's paid off but we have never used it and would like to get rid of it. It is in Florida, all you need to pay are the maintenance fees.

I've been looking at picking up houses through the auction sites (Hubzu, Auction.com, etc) and I know that as the buyer I will be responsible for closing costs. But if I'm using private money to fund it as a "cash dea...

Hello real estate professionals, do you guys have a rule of thumb for closing costs? I was thinking 5% of sale price, please advise otherwise. Thank you