Hey guys!I am getting pre-qualified for a loan, we are planning to do a 1031 exchange.The realtor referred me to 3 lenders, 2 of which never done 1031 exchanges. Does the loan officer need to be knowledgeable about 10...
I'm still confused what CAP Rate (%) means? Anybody have any good explanation? (with examples? Thanks a bunch in advance.
Hello Everyone,My fiancé and I are looking to start our real estate investing careers this year by purchasing a small multifamily property to house hack. We are interested in Salem, Massachusetts as the market seems i...
hi biggerpockets!
for those have done both ADUs and regular dwellings or have made the decision with one over the other, please offer your feedback. it would be greatly appreciated and perhaps help other investors i...
This is my first rental property purchase and we are fixing the place up. Prior tenant smoked so bad that there’s tobacco stains on the floors and light switches and walls. We got the walls covered and the light switc...
Hello everyone! First time poster but I've been all over the forum and love reading/learning about everything real estate! Long story short is I have some capital saved and I'm ready to invest in my first rental prope...
I am a new investor. My plan is to start by house hacking a fourplex, followed by purchasing a few more small multifamily properties (4-16 units) over the next few years in order to get the experience I need in order ...
I have a few questions regarding subject to.
1. Once I have the deed, is the interest paid on the loan deductible for my LLC or is it deductible for the individual who still carries the loan in their name?
2. When...
Hi all,I've a member for a little while but this is my first time posting in the forums. I've got a 4 bed, 2 bath single family residence in Hawaii where I rent out individual bedrooms.One of my tenants abandoned his ...
Hello BiggerPockets Family,This is my first time posting on the forums but would love to hear any advice at all regarding this deal analysis.Since Im new to BP and real estate investing, I'll give a quick background a...