Ok my BP peeps, I need some schooling on 1031 exchanges, I sold a property in Colorado and did a 1031 exchange I found a title company to hold the funds for me. I am about to close on a new property and I’m planning t...
Number of questions.1. Can I setup a REI Company and then include a solo 401k within that investment.? Understanding normal rules but can the REI company qualify for my own REI2. If a different business is setup, if t...
Hello,
I am in need of advice when it comes to rental property management accounting. What is the best software for upwards of 60 units? This includes property management expenses as well as rental income and expense...
Hello I received an email about TMD Capital and their loan programs. The program seems good for fix and flips 90% Purchase 100% Rehab at 8.75% Rate. They also have 30 year Fixed Rentals at 75% LTV 5.99% Interest Rate...
I am new to investing, but I have been thinking that I would really like to get into flipping and rehabing properties. I want to use a hard lender to fund the flip and rehab. I have a exit strategy in case it doesn't ...
Hello,On January 30th of 2020 I am going to buy my first fourplex using an FHA loan. I spoke with a loan officer today and she had mentioned how the Federal Housing Authority was tightening up the requirements on FHA ...
Hello everyone,This is my first time asking for advice. I have an investment property which has 57,000 remianing on the loan at 3.25%. My payment is 551 a month. I cash flow $300 on the property. I wanted to refinance...
Hey everyone!
New to BP and overwhelmed by the great amount of expert and advice here!
Im currently in contract for my first Investment home.
Purchase price 153,000, dp= 30,000.
After I pu...
Hello Bigger Pockets!I'm looking to buy a home with renter already established (a huge blessing), and have been established for 8 years now, they don't want to leave. They have agreed to increasing the rent to $1,200 ...
Ok so we just sat down with our CPA and we are going to be absolutely pummeled with taxes for the 2020 year.. Anybody have a strategies for payroll, tax strategies for rental properties, capital gains on flips, tax st...