New to real estate investing with a focus on the mulit-family (1-4 residential) space. I am curious what typical seller financing terms/structure might look like. I am sure the answer is "it depends" hence the term ...
I have a property with a promissory note from private investors. Would like to understand 1031 exchange rule to understand what is considered as boot that would be taxable. Here is the scenario.The current property pu...
Hey!
Last month, my wife and I purchased a fantastic duplex in Madison, WI, for $400,000 using an FHA loan. Our plan was to do the traditional house-hack, but things haven’t gone as planned.
During some self-testing...
I have been researching bigger pockets for awhile now and would like to take "advantage" of a bad situation in order to set myself up for a better chance of future success. My wife and I split a few months back, and ...
Morning BP!Every first time investor reads up on the best entity to approach when trying to find financing. Should one approach their big commercial bank that they've been banking with for years? Or that local small...
Hello Everyone,I'm thinking about purchasing a foreclosure in Oregon at an auction. This would be my first fix and flip. I don't have all the funds in my bank account so I'm thinking of using a Hard Money lender.My qu...
Apologize in advance if this has been outlined before, but I read on different posts you can use hard money loans through Auction.com. How does that process work with Auction.com using a hard money lender? On Auction....
Can a person use a self directed solo 401k to purchase a property cash and after you close get a loan and pay back the self directed solo 401k without any penalties? The thinking here is cash and quick closing makes ...
Good Morning,
I have a small IRA (less than $20k) to start investing in RE. Is there a way to start investing in notes without having a huge amount of cash? Who is doing this in Seattle? I keep hearing it can be don...
Hi forum,
My wife (USA citizen) and I (Swiss) are in the process of moving to the USA. While my wife currently works in Colorado Springs and builds the foundation for our endeavor, I am still working in Switzerland f...