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I have the possibility to sell one of my Fourplexes that has the most equity and would like to buy two other Fourplexes with the proceeds of the fourplex sold. My question is, can I do this transaction under the 1031 ...
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Back Story: My wife and I purchased our first home we currently live in last June. It was a fixer so we purchased the house about 100k under the comparable market in the neighborhood. Since the interest rates dropped ...
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Hello, I recently purchased an investment property in my LLC. We have already closed and everything and I was told after that I still owe a brokerage fee. I didnt think that I would owe anything as it is not in my n...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $571,000
Cash invested: $120,000
Sale price: $850,000
3 bed, 2 bath SFH located on 8000 sq ft. lot
Wha...
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Folks,Can you please advise what are the latest rules for a buyer while considering a property that is being flipped by the seller ? If there any 90 or 180 day rule that prevents the sale of a flipped home to a buyer ...
I have recently purchased two properties, one of which is rehabbed and has a renter in line to move in. The other has not started rehab yet but will soon. Both properties are owned outright with no mortgage or liens....
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This forum has been a great resource for learning thus far, thank you everyone for contributing.
My spouse and I are W2 employees and have a few investment properties but all of them are LTR. We are interested in mak...
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Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $1,600,000
Cash invested: $320,000
Purchased 7 SFH's on 3.5 acres from Bethel Bible Village. Properties had a...
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Hello everyone! I recently watched episode #788 of the BP Real Estate Podcast, where Lamon talks about how his bank applied the equity in his first property to fund his second property.In summary (from what I gather):...
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I have an accepted offer , contingent upon inspection. it’s a low offer - but ok , and buyer asks to have water and utilities turned on , as well as buying oil to check furnace , and then I then have to have water tu...