Brian Kraft
1031 Tenants in Common Ins and Outs
In the end, I'd certainly get qualified legal/tax advice, but I'm looking for some more initial information here. If my wife and I sell an investment property (held in our names) and do a 1031 Tenants in Common exchan...
Michael Crohn
CONVENTIONAL LOAN or HARD MONEY??
Is there a happy medium between a conventional loan and a hard money loan? I'm in a pickle because I have enough cash to buy about 50% of the property I want but I can't qualify for a conventional loan. I have great c...
Joshua Herald
In a pickle : I need money for a down payment... 401k loan?
Greetings, My wife and I are making an offer on our first multi family this week. We both have full time jobs and make decent money 100k+ combined. Our credit is well above 750 each. The loan for the $210,000 house wa...
Jay Hirsch
Introduction and what is your forecast?
I rehabbed a few properties in the early 90s where there was a decent supply of houses at the HUD auctions and not a huge amount of competition from homebuyers. In about 95 I went to an auction with about 2000 home b...
Chris L.
Texas LLC while living in california
I live in california and have been speaking to my CPA about creating an LLC for purchasing property. He advised against in for properties in california because of the associated costs/tax with little extra benefit. I...
Andrew Yip
Room rentals and financing qualification consideration
Hi BPers, I m just wondering if any of you who lives in big cities and rent your rooms (through airbnb, craigslist, etc) are able to utilize the rent money as loan qualification.I live in a part of the city, where it...
Justin Baker
Garage Builder Companies?
Hey guys, we are looking at a property that needs a garage built as the one that was there was torn down awhile back. It is a detached garage, and will be VERY basic, probably just a one car garage. I was curious...
John Chapman
Fannie Mae loan for investor with over 10 financed properties
I have 13 conventional (fannie mae) loans. I have a duplex that I would like to get conventional (fannie mae) financing on. I have a good commercial lender but the rates are still significantly higher than on con...
Alvin LaRue
New Member to BiggerPockets in Atlanta, Ga area
Hey Everyone,My name is Alvin LaRue and I'm looking to build a network on BiggerPockets. I graduated from the University of Kentucky about a year ago. Originally from Louisville, KY I moved to the Atlanta area because...
Kenya Williams
Tied up down payment
If one has put down 20% on an investment property, how can you get the full value out of that property so you can turn around and buy another? Borrowing 80% of the equity doesn’t seem to add up. I’d need 100%.