Eric W.
Finding deals that justify pulling from HYSA
I’ve been searching in the Sherman/abilene areas for potentially starting out. These areas seem affordable compared to where I live in dfw. I would be looking for something in the 200k range and have anywhere from 100...
Tyler Neison
getting started in a market that has tons of brand new sfh construction
I live in East Louisville, KY (40245) and within 5-6 miles of my current house there are at least 4 brand new (started in 2020-present) single family home communities that have been constructed by builders like Fische...
Ali Samana
Capital Gains Tax - Charitable Remainder Trust!
As investors, I am sure most of us try to minimize our tax liability and increase our profits. I do a few quick rehab flips and thus pay a big chunk of it to taxes. I wen to a seminar (I go to many and have never bo...
Rebecca Rios
Automatic PMI cancellation??
Can someone help me figure out whether my PMI should’ve automatically been cancelled by now? I’ve read that by law it should automatically cancel if my balance drops below 78% of the original value/purchase price. Is ...
Ryan Sajdera
Commercial Real Estate Credits?
Can anyone shed some light onto the topic of credits when financing a commercial deal? I’m guessing this is similar to a concession on the residential side but I can’t find any info on it. I met a guy who said he used...
Jordan Archer
When selling a house bought on auction do you....?
Hey BP,How's it going?When selling a property bought off auction, is the most typical way of doing so through a quit-claim deed?Does ANYONE sell a house they bought off auction using a warranty-deed?Thanks,Jordan
Andrew Syrios
Eviction Moratorium Expiring Tonight?
It actually looks like it's going to happen: "The federal eviction moratorium in place since September is set to expire Saturday, after the Biden administration refused to extend it and Democrats in Congress couldn't ...
Jacob Scholes
Structuring a deal from family as a owner financing
I'm looking into purchasing a duplex from my parents. I had been looking into buying it from them next year on VA loan, and they would do a 1031 exchange to buy a new property..since we have an uncertain future with i...
Adam Matteson
Turnkey from Shanghai
Hello~I’m a 35-year-old guy from western North Carolina living in Shanghai, China for the last five years. I save about $2,000/mo. So far, I have been investing all I can in Vanguard funds, but now I’m looking into re...
Account Closed
What is a 1031 Exchange?
Can someone explain to me how a 1031 Exchange can be used to fund a deal? What are the advantages?