Mike Nas
"Formality" of 1031 Exchange Process
Hello BP family, I had question about 1031 and reverse 1031 exchanges. I know this is an oversimplification, but coming from a legal background Im trying to understand whats going on in a 1031. My impression of the p...
Zack Kolb
Must I take FIRST qualified applicant, or can I choose between applicants?
Hello,
With many thanks to everyone here at BP, I am now advertising my townhouse for rent.
Do we as landlords have to take the first qualified applicant? Or can I gather all the applications and then p...
Cale Snyder
Old Tile Ceilings and Paneling
Hello everyone! I am in the process of closing on my first flip in Chesnee, SC and have a dilemma I'd like to throw out for opinions. The house is old. Built in 1900 old. Hence, it has some really neat character to it...
Stephen DiNanno
Vinyl Plank Flooring
I'm looking to purchase either floating or glue down vinyl plank flooring for a single family home renovation. Anyone know of any good building materials supply companies, or other supply sources that offer similar qu...
Blake Peterson
Real Estate Career Direction
Hi everyone,
This is a very broad and open post, but I'm very curious to know what your thoughts are. I'm a recent college graduate, and am currently working as a supervisor at a group home. I love working with the c...
Toben B.
FHA down payment if I have 6 conventional loans?
Hello - I am getting conflicting information.I have 6 conventional loans on my rental properties and primary residence. If I choose to turn my primary residence into a rental can I use FHA to purchase a new primary re...
Jedd Braunwarth
How to make this money go the farthest?
Alright, fun question but also very real! Say I have a property with $150k of equity that I am looking to pull out some or all of that equity to re-invest. I am currently talking to a full time RE investor that has 35...
Brady Miller
Understanding rules for 401k and entities - multiple funds?
Hi - I'm trying to wrap my head around the relationships and rules about a potential solo 401k through my full time job (non-real estate: Business A) and a future real estate investment business, specifically notes (B...
Damon M Carlson
FHA Loan using rental income help
Hello all,
I am in the process of getting an FHA loan on a 4 unit property. Originally the lender said that I would be able to use rental income to help qualify. After signing a purchase agreement on the 4 unit the l...
Sarah Albert
Average cost of roof repair in Albuquerque?
I'm looking at purchasing a property that needs a new roof. I'm new to real estate investing and don't have a good idea of how much this will cost. Have any of you repaired a roof recently? What is the average cost fo...