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Hi Everybody!I am moving to SA in a few months and as I do more and more research I have noticed that many of the wholesale deals and some of the properties listed on the MLS mention foundation issues. Is this very c...
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Has anyone else had experience with a Hard Money Lender charging fees for every draw you take during a rehab?My partner and I are working with a different lender on our second flip. We met them at a local meetup and t...
I'm planning on buying my first rental property next summer & I was planning on borrowing money. Besides the bank, I know that hard money lenders get paid back with high interest rates. What types of other terms w...
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hey biggerpockets users, So I wanna get in on my first deal and I'm 18 years old with little capital but my mom is about to buy a new rental property because one of her renters wants to upgrade to a three bedroom (gre...
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Two questions about 1031 exchange:
1) We are interested in porting our existing mortgage to the new investment property as part of the 1031, is that allowed?
2) We (husband and I) are the owners of the first prope...
Hello BP, I am currently in a partnership with 5 members on a mobile home park located in CA. The ownership is currently organized as an LLC. Preparing for the future, when it is time to sell, I have recently learned ...
I think I posted in the wrong category before so reposting here...Hello BP, I am currently in a partnership with 5 members on a mobile home park located in CA. The ownership is organized as an LLC. Preparing for the f...
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My partner and I are closing on our first duplex “house hack” 9/2 in Oregon. Very excited! He will be on the mortgage/title until we’re married, then I will be added to the title. But we agreed to have some sort of wr...
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Hello BiggerPockets community! I hope everyone is safe during these uncertain times. I am happy to say my wife and I are finally leaping out of analysis paralysis and purchasing our first buy and hold property. We a...
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I just purchased a new, larger home. I am house hacking and renting out one of the rooms. I use TurboTax for my taxes every year and they want to know what percentage of my home is being rented? Do I get to count any ...