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So I am new to the forum, just made my first investment property purchase last week and bought a house for $25,000 cash. 3 Bedroom, 2 bath, attached garage on slab with fenced in back yard and shed. Comps in the are...
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Any of you ever brokered a jumbo loan for a full time self employed medicinal pot dealer? Who did you use?It's all legal (CA legal, anyways) and on the borrowers tax returns and all that.
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Hi, BP Community!My wife and I (we're from NYC) and fell in love with a house in Long Island, NY, that we would like to purchase—with financing, in case this matters to the discussion—as a summer home for us and our t...
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As I am considering to start here in Indy , I look around and notice there are lots of big investors with big pockets(no pun intended) and lots of experience making moves in the area too.To me that's a good thing , it...
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So in the first example, it is certificate number 2626. And I bought the liens on 9/9/2017. My intention was to hold the liens until redemption, collecting the 18% interest.
Not long after, I became excited by th...
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Hi BiggerPockets members. My name is Matt and I am a rookie investor that is currently looking for my first rental property. I want to stay in the Eastern NC area for my first property due to ease of travel and famili...
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I see tons of the same examples on depreciation recapture. My question is if i replace an appliance and depreciate it over 5 years does this need to be calculated into my depreciation recapture if i sell the property ...
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So far I have been working on my business plan following the RE investing guide template on bigger pockets. This is my rough draft up to this point in time. Is this what it should be looking like and does this sound ...
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I’m looking for some advice about 1031 exchanges. My grandfather in Massachusetts is going to sell his house to take advantage of the tax break he gets since he lost his spouse (my grandmother). He’s 89 years old and ...
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Hi BP,I want to roll my ira to SOLO 401k because it sounds better in most ways to compared to self directed IRA. Mainly for the control and sounds like less expensive. This IRA is about 65kMy 2 questions are:1. Who ...