Hey all,I hope to get a better picture of the process, if possible, on the following 1031 exchange scenario:Three years ago, two partners and I formed an LLC to invest as an LP investor in an MF deal. Currently, the s...
Hello all, i currently own a 50 unit apt building so I have a good idea about the business however I can't seem to properly value my next deal. Here's the basic details : (mom & pop run) 58 unit, occupancy is 80%,...
So, here's what I mean:For simplicity sake, lets say both a HELOC and Cash-Out Refi have the same rate and I'm ignoring any closing costs. If I paid the same amount of money in the same amount of time, would either o...
Hello all. I have owned a duplex since 2021 and have lived in one half and rented the other. I have ~$100k in equity and have a 3.2% interest rate. Mortgage is $1700, other unit is rented for $1250 but could be rented...
Hello BPers! I am a new real estate investor looking to buy my first rental property in 2021. Based on your experience, what are your thoughts and experiences on buying a SFH or a duplex as a first rental property? Th...
Looking to get into my first property. And i was just speaking to one of my mortgage guys at a bank. I asked a lot of questions trying to clarify exactly what i would be able to take out on the refinance.
So i showe...
Hello,I am newer to real estate investing and would like some feedback on a current situation I am stuck in. I am really getting close to purchasing a home in the next 7-9 months, but do not know the best way to appr...
Looking for the correct/best way to account for Debt Financed Distributions from a Cash Out Refinance on a commercial property?What get's credited and what gets debited?So far we have:Credit: New LoanDebit: Cash Accou...
Hello everyone, my name is Jaiden Young. I'm new to BiggerPockets and have found this site from "The Book On Rental Property Investing" by Brandon Turner. I am a soon to be realtor in Illinois and have always been int...
Hello Everyone! I am a new member here that recently discovered this podcast and it is great!I purchased a small condo a few years back as an investment and I have tenants in it.I paid it all off already and they are ...