Is it possible to do a "partial" 1031 exchange? I need to sell my NY rental property (co-op) but unfortunately I cannot reinvest 100% of its value. I was wondering if buying e.g. some land (value approx 25-30% of sold...
Hello BP Community - My ex husband and I co-own a rental property (we are on both the title and the note) in San Diego. We are about to put that property on the market and split the proceeds. My questions are ... 1. D...
Hello, does anybody know where to get a mentor, i know that my local REIA has mentor programs but they do charge $$$ for their service. Would it be wise to enroll to their program? Thanks.
I may be transferring with my job and may need to get rid of my house. It's worth about $160K so that's almost $10K in commissions to a realtor. I'd like to keep all of the equity so I want to sell it myself. The mark...
Greetings BP,
As I continue to learn everyday about RE investing...a new scenario always seems to pop up. I will do my best to explain this scenario related to the purchase, rehab, and refinance of a propert...
I went to my first local REI club meeting last night. There was a speaker representing a company that extinguishes your bank note due to mortgage fraud. It works like this: you are an upside-down homeowner or owner...
I have a deal try to get hard money financing. I have been told that as an individual without an llc or corp, they can only fund to Self-Directed IRA.
does anyone know why? and how does it work?
Okay folks,
Finishing up remodeling a property to keep as a rental. It has a non-working hot tub in the deck surrounded by a 6 foot fence that needs a bit of repair. My plan was to cover up the hot tub permanently....
Why is it so hard to find an insurance agency that can provide insurance for 9 rentals in LLCs, umbrella policy for all of them and do this with in a reasonable cost? Im am better off keeping my properties out of an L...
There are a couple caveats I found that make me reconsider a QRP:When you have money in these accounts it sounds good that you are not taxed on gains but you are restricted from getting a Fannie Mae loan. Using the QR...