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I have a solo 401k plan and want to use this and a non-recourse loan to invest in a rental property. The property I'm looking at needs a lot of work and so will not qualify for a loan. I can purchase the property with...
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B.C. Finance Minister Mike de Jong announced new rules Tuesday aimed at ending the controversial practice of 'shadow flipping' by eliminating a means for anyone but the seller of a house to profit from real estate con...
I am ready to make a move on my first commercial real estate purchase and I'm hoping this post will give me some peace of mind. To give you some background, I have an insurance business located in Southwest Louisiana ...
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Going to throw out an example purchase for my questions, bear with me :) Ok, so I want to buy a duplex and rent it out. I'm going to just throw a number out, lets say total price is 180k. So question number one. I wou...
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Is there a way to legally factor in valid selling expenses like painting, carpeting, new appliance, etc which were paid prior to escrow to reduce the net amount of property you need to replace as part of a 1031 exch...
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I'm currently looking to invest in properties in the Northwest Indiana area that I can purchase for good prices, rehab or make upgrades to and sale. I would also consider renting some of the properties. I rehabbed my ...
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Hello:
To this point, I've always bought investment property as an individual. I'm about to form a partnership to buy property with someone, and I'm not sure how the 1031 rules might apply here.
1. Can I take invest...
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Just to give some background. I bought my first investment property this past September, I house-hack the duplex and rent the other space.I was planning on paying off my school loans by the end of the year. I have bee...
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Are they likely to accept less on a cash offer? Ive purchased some HUDs in the past but always dealt with financing. I hear a lot of foks say they will accept 85% of asking price pretty often. Would I be better to go ...
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Hi all, my partner Jaclyn and I recently made our first purchase of a condo in Hyde Park and moved in two weeks ago. Before finding the podcast/this website I envisioned investing longer down the road. Since finding t...