Gabriel Petsios
Commercial Real Estate Broker to sell my commercial property
Hello all,I currently own a restaurant that I am looking to sell. It has been on the market for 11 months now. I am approaching the end of my contract with my current broker. In the 11 months, not a single serious lea...
Jesse Crawford
Sub2 - Seller Proceeds - Taxed as Cap Gains?
Morning BP Fam! I am working through my first subject two deal and one objection that I've not seen covered is how the proceeds to the seller / homeowner are taxed. My assumption is that since the deed of a property i...
Jonathan B.
Seeking advice - Structuring a purchase with an investor
Hi Guys,i have a property under my family entity,Investors wants to buy-in on that specific property with agreed on terms (% annual return on equity invested & % of sale proceeds when due)This specific entity hold...
Blake Hynes
Disadvantages of acceptin to take 2nd position mortgage as seller
I have an offer from a buyer to buy my commercial mixed use property I paid $330k for a year ago which I put down 25% on and owe about $240k on. The buyer is offering $410k which is probably right at what it would a...
Brandon C Abney
House Hacking Question - Loan Types and Legal Entities
Hi everyone, I'm new to Bigger Pockets, and I have a few questions that I'd be quite interested in getting some opinions on.
For a little bit of context before I get started, I'm a college student in Louisville, KY w...
Dominique Mitchell
Purchasing through Auction.com and using hard money
Hello Bigger Pockets. I am currently in the process of getting my HELOC. My goal is to buy and hold rental properties. And also do some flipping. But my question is. If I use my HELOC to purchase, are there hard money...
Jeff Betschart
Has anyone used Only Choice Property Management
Im looking at working with Only Choice PM and wanted to hear from others that may have used them in the past. Please let me know what you think of them and if you would recommend them. RegardsJeffJeff Betschart
James Alex
First time buyer/investor
I am 24 years old and I am interested in getting invested in rental properties, my plan is to use an FHA loan to buy a single family home. i will get roommates to help cover the mortgage and save up until I can buy th...
Jack B.
2/5 year rule for primary converted to rental
As I understand it, if you live in the house for 2 years out of the last five before you sold, you get to avoid capital gains tax, so long as you bought as a primary residence, but the IRS doesn't care if it's the fir...
Quincy Jallah
Do I really need a realtor to buy a MFH in DC?
I am looking to purchase my third property under the house hacking model. This place is in Washington DC and I've lived in the are for a few years.
I have been slogging through lenders and I have finally found two c...