John Vanhara
Reverse 1031 exchange - disadvantages, problems, risks ???
I am planning to do reverse 1031 exchange. First buying replacement property (currently in escrow). The title will be held by EAT (The Exchange Accommodation Titleholder) till I sell relinquished property.What makes m...
Lorenzo D Brooks
Exposure line of Credit and Refi
Bigger Pockets I have a lender who is working to get me approved for an exposure line of credit. With the line of credit the there will be an appraisal on any property I purchase and a closing in 10 to 14 days. My...
Rick Turman
Business BRRRR to Personal Hold
BP Family,I am looking to see if others have done something similar to this and or experienced this and what have you found to work best.I closed on a property in the business name to BRRRR as I found a portfolio lend...
Sheila Terry
Marketing a big luxury lakefront house in a rural market
Marketing through local realtors has not worked for the past EIGHT years because all they do is list in the local MLS where people do not have the resources. Out of town realtors not interested in listing because it'...
Christopher Currall
LA Garage ADU conversion foundation confusion
I'm concerned about a couple cracks in the 6" concrete slab foundation in the garage I'm now converting into an ADU. The architect initially suggested that'd it' be no problem - he'd simply submit to the city of LA a...
Ryan S.
Lease-option / Rent-to-own Canada vs US
With the current turbulence in the rental markets in terms of iffy payments and evictions being halted, I'm looking at employing a lease option strategy for the next while as I move from the Canadian market into the U...
Jonathan Feliciano
What are some characteristics of the "right property"?
Hello!
To me, one of the most important parts of real estate investing is finding the right property.
What are the general characteristics you look for in a property, specifically, a single or multi family rental pr...
Account Closed
DFW Newbie- next step in process after finding potential deal online?
Hey guys ..
I'm a newbie, I've got great credit and cash for a down payment isn't a problem.
So, using the 2%50% rule I've found a SFR in a nearby neighborhood that merits a closer look. It's been on the MLS for m...
Account Closed
How do i record a loan payment in Quickbooks?
As a note holder, when I receive a note payment from my loan servicing company it is net the borrowers loan payment minus the loan servicing fee. How do I record this in Quickbooks?
Example, the loan payment is $100...
Jason Andrews
Two fourplexes on one property - Considered Commercial?
Since I am a newbie, I need to ask a question about two vacant fourplexes on one property. I think I read on BP that a four plex could be financed under conventional financing but five or more units are considered ...