I have a 4xunit building in Minnesota selling for 240K, of which 106K goes to clear the bank, leaving 134K. Through a 1013 exchange, would it be possible to purchase a new property, for say,280K using the 134K plus 46...
I am investing in and around Minneapolis Minnesota. I have been working on finding funding for Rehab projects. I have found family members and friends that would be interested in loaning on deals. I want to make sure ...
Hi, I am new to the Bigger Pockets forum and to REI. I am an "accidental landlord" and am renting out a townhouse that was my personal residence. I decided to become a landlord because my townhouse development is st...
I know I've read on here before that you can include your rehab costs in your mortgage when you buy a property. Need advice on this plz. Pluses and minuses of it. How does it work? Thank you all!
I have been in contact with someone who is a close friend of mine who has agreed to help me get started in RE fixing and flipping. Long story short, I would be giving them a percentage, (25-50%), of the down payment o...
So I have a choice to make. The two options are very different, but can both be quantified, so they may be comparable.
1. Pay off my car
I owe $7,085 on my car, and monthly payments are $236.
That would m...
So the homeowner I wrote about this morning told me the whole story. Fiance needs to dump property; she's in over her head. Home would need all of the equity it would have if it was in good shape to rebuild and fix...
I hired a General Contractor/Small Co. (in business for 40 years), to add an addition to my Airbnb rental house. I paid half down in March 2018 and he was suppose to start on July 9, 2018, that is when I was closing t...
I wondering what options are out there if I have six figures to invest, 750+ credit score, and real estate experience as an agent. I’m looking for something that I put a “down payment” or something and they lend to me...
So I am now getting request from my friends and family that they want to put their money with me. From someone who has used other peoples money before, what percent interest did you give in return? I don't know what I...