Does it really matter if you pay retail and buy via MLS? Thoughts?
After going under contract with auction.com on a property we found out that the IRS has placed a lien on the home we are purchasing in Texas. Does anyone have any experience with IRS liens? What we're trying to det...
Hey there BP,I'm a wholesaler out in San Diego and through cold calling I came across a motivated seller who owns an apartment complex in Houston. My end goal is to own multi-family/apartments, although I own nothing ...
A partner and I would like to purchase a residential multi-family property this year. Most likely this would be a duplex or triplex. In the areas that we are looking at, the property purchase price would be under 200K...
My wife and I will be moving to a new town around the beginning of 2022, where we will both be starting new jobs. As part of this transition we plan to buy a multi family property to house hack, living in one unit. My...
Dear BiggerPockets investors,
I live in California and am in the process of purchasing 4 condos in Arizona. I have been advised to set up an Arizona based LLC. Does anyone understand the pitfalls/tax implications of ...
Hello guys, we plan to take cash out refinance from one of our houses that are paid off ( no mortgage) and then 1031 exchange sale.
Appraisal for our house value $ 200,000
Step # 1 - Cash out refinance $ 140,000
...
Hello BP community.I currently make 125 k a year and I own 1 property that is performing well as an STR.I dont have the upfront cash to purchase another for a down payment but my parents are interested in financing my...
This will be my first foray into commercial RE.
Here are numbers:
A major retailer already on a 12yr triple net lease increasing every 5 yrs. Brand new building
Purchase price 2,400,000
Mort...
Hello,I have a rental property in NJ where majority of the mortgage is paid back and about $35K is pending on a $550K house. The problem I have is that I took a 7 year ARM at 3.5% interest which expired last year. The...