Julie Kern
Our first deal that wasn't
My husband and I are just getting started in REI (Buy and Hold), and made an offer on a property Oct. 6, the first day the seller would accept offers (property was listed 10/2, we saw it 10/3 and our agent put the off...
Jay Marn
Porter county
Hi All - my first post on this forum and about my first lien purchases. I purchased couple of tax lien in Indiana commissioner sale - porter county. The liens were not redeemed. One of the liens had a manufactured ho...
Omi C.
Questions about holding accounts for insurance + taxes
Good day all!I recently bought a 4-plex as my first investment property and am having some issues with the lender.The first issue was that the lender surprised me on the HUD by collecting 3 months advance taxes+insura...
Kayla Givens
What would you do? First time home buyer/investor in Denver
Hey, Bigger Pockets People!
I'm writing my first post hoping for some ideas or insight into what you would do if you were in my situation. Currently, I am pre-approved for a conventional 3% down loan for up to $365k....
David Falk
How to structure a partnership for STR
Hi all. Looking to start in STR. I have a current real estate investor friend that is heavily invested in NYC LTR. I've been discussing the STR market, and he told me to come to him with a proposal as the potential CO...
Eduardo Fumo
Brand new to real estate investing but eager to learn (Tyler, TX)
Hello everyone, My name is Eduardo Fumo and I am new to all of this! LOLI am 31 years old, married with 3 beautiful kids, and currently an elementary school teacher (8 years). I love teaching but the pay sucks. This i...
Rachel Hettler
Need Help Underwriting A Property!
Hello, I am working to find my first rental property, and on the surface the deal I'm looking at seems like it has very good long term appreciation potential but I'm not sure how to adjust the current numbers and make...
Evan Ernst
The art of refinancing
I'm looking for some advice on refinancing. I have a $661k loan on a 2 family property in Brooklyn that I planned on holding for 5-10 years (what I expect will maximize the growth of the neighborhood and value of the ...
Richard Chang
Tax Due when selling part of 1031 Exchanged Property
Hi BP'ers and Pros,I am considering buying multiple SFRs in a 1031 Exchange of my Tri-plex.Obviously, this will defer any taxes, capital gains etc.So for a simple example, I will buy 4 x 250K = $1M in a 1031 Exchange....
Yasmeen Hunter
Newbie from Atlanta!
Hi everyone!I am Yasmeen. I am 28 years old. I recently finished up a 7 year enlisted in army. Now I'm an IT specialist working for the government. My background is strictly IT and I have absolutely no knowledge in re...