Dustin Keiswetter
Investment Property Flip, Boot Tax Question...
I am close to closing on my first flip. I have paid mostly cash along the way (year and a half) So I am needing to keep some cash out of the 1031 exchange. My question is if I bought the house for 10k and put 30k into...
Saul L.
Detroit- Foreign Investor
Hello Fellow BP'ers and especially Detroiters,I am an architect and an RE investor from Israel.Although I have been involved in the building industry for around 20 years, (mainly as an architect but also with RE inves...
Keith Cuddeback
Is it possible to find out a seller's mortgage balance?
Hello Bigger Pockets.
New to the process and working to find my first property. I have found a property on the MLS and looked at it with my realtor. I estimated that my repair costs would be around 25k. I gave a lo...
Henry Van Eijk
How to afford down payments on investment properties
Hi,I am new here and learning but my question is how do people typically come up with a down payment. If you need 20% down for an investment property, that can be a lot of money. Do people typically use equity (HELOC)...
William Bohan
Long term landlord approaching retirement looking to maximize income
Appreciate any advice... I was fortunate to pick up a great property in Leucadia, California in 2001 which will be worth about 5M after I complete ADU's on property. NOI will be great on this property at 16.5K w...
Timothy Church
Series LLC syndicating business structure
I have been addicted to this site for quite some time now. I've always been a reader my entire life but never much of a writer. As part of my New Years plan, I wanted to get more involved and actually give back to Big...
Jason Vaughn
New investor with questions on a deal. Am I missing something?
Sorry from all Caps but #'s from seller. INCOMEUNITS YEARLY RENTS 15 units @ 7185 mo 86,220VA...
Kayla Elliott
Changing the Retirement Mindset
How does one get past the idea of NOT having a traditional retirement account and into the mentality of leaning on rentals to consistently bring in cash flow? Grew up in a traditional household and trying to break fre...
Tim Foster
Infinite Banking concept
Just curious if anyone here uses the Infinite Banking concept as a vehicle for holding and using cash for your deals and if so how it has worked for you? Any and all comments from folks who use the concept are apprec...
Chris Severin
Refinance a hard money loan
Just wondering, is it possible to refinance a hard money loan? If so, what institutions would do so. I have read that hard money is not a long term finance strategy, so what is the next step once time runs out?