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After I sold a flipping property ( single family residence), can I use the profit to purchase a rental property ? Is this qualify for 1031 exchange?
Second question, may I use the flipping profit to purchase a renta...
I am new to wholesaling. Today I found 3 distress properties. These vacant properties are in a good location, near the local high school. I did some research and was able to find information the owners. None of the ...
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Hi all,For my second deal, I would like to do a seller financing type situation. The reason is mainly around my down payment, I don't have enough saved up for Fannie/Freddie standards. How do you guys go about doing a...
I've Built Some MONSTER Buyer's Lists Over the Past 5 Years.There are a few schools of though surrounding Cash Buyers-one being to find the Buyers first, then go find the deal. And the second, the path I've taken to ...
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I just rented a unit of mine to a young lady with two kids. Just moved to the area has a great job. All of the background check information was solid. Within 1 week, I get a txt saying my husband just brought my house...
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Hello! My name is DJ and I am a new investor located in Charlotte, NC. I have my NC real estate license and I work with a buyer who does about 6-8 deals a month in the greater Charlotte area. I'm here on BiggerPockets...
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Our goal is to develop a financial strategy for moving forward on purchasing investments this upcoming year. I think I have a decent plan of attack despite a recent setback, but would love to hear what advice the BP ...
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So I have bought my first 5 plex. And I would like some inspiration on how to improve cash flow. I will, however, try to make the thread as wide as possible, so that many people might find things that they can use. Th...
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A little background info about me that will help make more sense of the plan. I've been a certified home inspector over a couple years now and I'm looking to transfer into REI. Parts of this plan are common that I've...
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I own a house with good bones and no mortgage. It’s appraised at 500k, I have plans drawn up for a renovation and update between 150-200k. This current house is going to be my long term house, but at the moment I tr...