Hello BP!I have an accepted offer on my first property that I am purchasing with all cash. My strategy was to purchase with cash, rehab, rent, refinance. I just recently learned about the "seasoning" period which from...
We currently have two investments properties and was told that we had to wait one year of owning for the 1031 exchange. Is that correct information?
I keep seeing posts on the HUD timelines and a lot of people have different ideas of the bid periods.
HUD has the same bid periods in the entire country but they can vary according to property type.
1. FHA insured...
I’m curious what is the occupancy timeframe that one would need to potentially qualify for a second VA home loan. I know this is possible (people PCSing from duty stations) but I have been unable to find out how long...
Hey everyone!I purchased my first property 2 months ago. Things have been going great so far. The tenant was already in place, rent was at market price and with zero rehab I have 50% equity. This property was purchase...
I have a question about qualifying rules for 1031 exchanges. Let’s pretend: I make a $100,000 profit from a property that was held less than one year. Can I then take that $100,000 and invest it using a 1031 exchange?
So I am doing the BRRRR strategy and I was wondering if the seasoning period to refinance only counts to a bank while a tenant is present or if the rehab time counts towards it?
So I’m new to buying foreclosures. The particular foreclosure is for delinquent taxes from 2016. The auction is in 2 weeks so I’m doing my due Diligence with, I call the title company and ask for title reports to see ...
Hello all, I’m an out-of-state investor looking to make an all cash purchase on a single family home in Memphis TN. I currently own one financed single family investment property in Memphis. The returns here are attra...
I’d love to hear people’s stories about crazy things that happened during an inspection/due diligence period! Maybe something happened on the last day at the 11th hour?