Sree Vad
1031Exchange and investing in MultiFamily as a passive investor
I have a Condo, which I am planning to sell and do a 1031 Exchange for investing in MultiFamily as a passive investor. Thinking to invest around 150k in 5 or 6 investments of 25k thru Crowdfunding or via syndicators i...
Ernest Grindle
Fee Comparison for Conventional Mortgage vs. Cash
Hello, I'm about to purchase my first investment rental property. I received a preapproval for a $68.8K loan on an $86K purchase. I'm planning to refinance in 6 months to pull out some of the ARV equity after some reh...
Brian Neisig
Considering putting rental in an LLC, HELP!
We (wife and I) have one rental property, in our own names. I am seeking to limit legal liability in the event of the unfortunate occurring. I have always worked for 'The Man' and have 0 experience in starting an LL...
Tom C
Quit Claim deeds info
Are there any restriction on doing a Quit Claim Deed? Such as, can I require on cash deals that this is done verses normal title closing? I believe the only problem is if the buyer was using bank financing, then they ...
Mark Proctor
Help analyzing deal
Hi guys, I need some help analyzing a deal. I'm brand new to this, so there's a lot of things I might say wrong or not say at all.I'm looking at a condo in Knoxville, TN with 336 sqft. Asking price is 195,900. I ca...
Tom Zech
Please advise us
Greeting!
Hi to everyone. I've been reading this forum for few weeks and this is my first post. I would like to have all your honest opion about our situation.
In Jan 2007, we move to Las Vegas and bought our firs...
Account Closed
Flips in South Jersey
Hi Everyone, I wanted to post a discussion about what kind of deals are here in South Jersey. This deal will be a Flip. I will Post a rental next. This deal is one of the recent ones I have found in South Jersey. This...
John Pierce
Strategy for structuring business to minimize taxes and liability
Hi.Last night at a dinner party I found myself in a conversation with an entrepreneur about taxes, corporate veils, etc. He asked me how my rental properties were structured and was shocked to discover that I persona...
Matt DuSold
Using 401K funds for a flip
Sorry if this is answered, I feel like I've seen a lot of different responses on BP and then different responses on the web as well. I guess my question is pretty simple, can you use 401K funds for a flip and if so ho...
Nick Stango
Should I sell my house, so I can have more money to invest?
My house has been eating up every bit of income that I earn for the past 15 years, my wife has been wanting me to sell and downsize, but we still have three children living with us. I really want to start doing fix an...