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My solo 401(k) trust owns 93% undivided interest in a home (free and clear). My wife owns 7% in her own name. Can I use cash accumulated in the solo 401(k) to buy her out so that I may get a non recourse loan on the h...
Brand new to Bigger Pockets. Through show 19 so far, but first post.I just got a property under a standard 1-4 residential TREC contract in Ft. Worth, TX for $45K. It is schedule for a tax sale on June 5th (next Tuesd...
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Good evening BP! My wife and I are looking to make our first leap into the real estate investing market. I am from Knoxville, TN and we plan on moving back once I retire from the military in 10 years. I went to school...
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Hello currently I am just starting my sophomore year at the University of Michigan. I am 19 years old and majoring in chemistry, but I am really looking to get into real estate investing and I'm not sure where or how ...
I was looking to rent out my single family home .. would anyone recommend a good property manager? I read online that housing hub isnt that great but thats the most signs I see on vacancies. Would greatly apprecaite a...
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I am looking to purchase a property that falls under the minimum limit for DSCR but qualifies for a conventional loan. If I purchase this and quit claim deed it to my LLC, who pays the mortgage? Me or my LLC? Does t...
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Hello everyone.I'm trying to breakdown how an IRS 1031 extension notice applies to a 1031 exchange. All help is greatly appreciated. Facts- Property Sale/Closing date: October 21, 2024- Property Location: sold in Miam...
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I see many in California and new on BP stuck in mindset that they should not invest in Cali. That might be the stupidest idea of all time. There are good opportunities all over no doubt and some are better than others...
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Hi,
I'm a Biggerpockets newbie and a duplex owner in Los Angeles. I have family living in St Paul. I have been looking at duplex properties in Minneapolis for a few weeks now. (At first glance, the math makes...
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As a general rule I am planning on managing my own properties. However, I do realize that gets a lot harder the bigger the property is. Does anyone have thoughts on what size MF I should really start considering using...