Joshua Hunsicker
Flood zones and borrowing money
I bought my first property about a year ago. I bought the property with seller financing and made the mistake of assuming flood zones were big red flags that pop up on every purchase. She listed "unknown" on the discl...
Chris Eaker
Partnering with IRA -- Conflicting Information
Hello All,I've read conflicting info on this, so I would like to know your opinion on the matter. Can I buy a property where I use my SDIRA to fund the down payment and then get the mortgage in my own name? Then when ...
Joshua Reed
BRRRR / house hack in northern NJ and in upstate NY
Hello everyone my name is Joshua. I just did my taxes and I am getting back a nice chunck of change In march $7500. I am looking for my first property. I am looking for a small multi-family 2-4 units preferably a 4-u...
Jack Sarcia
1031 Boot at closing?
Hello all,To take some cash out of my proceeds at closing would be very helpful in paying off some debts. This is a 1031 Exchange.Is it possible to take $10k and pay the tax due on that amount?
Brian Callan
Owner Financing
Hi Guys,I have a tenant that has an interest in purchasing my home that they are currently renting from me. Their credit isn't up to par to get a traditional mortgage and wanted to know if I would owner finance them....
Julio Gonzalez
Example of Cost Segregation Study on Single Family Home in Miami
Without a Cost Segregation Study, this $595,685 Single Home in Miami, Florida purchased in 2020 would have generated first-year depreciation of approximately $22,000. By applying a Cost Segregation Study, the prop...
Gustavo Tellez
Down payment amount
Hello, I was wondering what’s a good amount of money to have on hand to use as a down payment to start my investing journey. I can’t house hack and am looking towards SFR, either a brrrr or turnkey. Depending on how m...
Eric Peoples
2-way 1031 Exchange experience?
Hello.. This is my first post as i have been just absorbing all of the great info. Does any one have any experience successfully doing two simultaneous bilateral 1031 exchanges? Myself and the seller/buyer will esse...
Tonya Weathers
2% Question for Rental Properties
Hi All! I'm new to REI and I'm trying to understand a few basics. I keep hearing that 2% ROI is the goal. So, when I'm analyzing, that's exactly what I'm looking for. However, I'm not sure if I fully understand. Does ...
Chris Nelson
Agent in CO Springs
Debating putting our SFR up for sale in CO Springs.A few specs: SFR 3/2.5 and 2 car garage. Powers neighborhood. District 49 schools. Built in 1999Current Cap rate 9%Purchase price 184K (2009). Owe 163K. Estimated sal...