Keon Garraway
Quick 1031 exchange question
are the following expenses allowable?1. Travel expenses to visit a property out of state for inspection and purchase2. Furnishings for new property
Rod Cordsen
Question about qualifying ratios and procedure
I am trying to understand the procedure for qualifying income ratios for Fannie mortgages. Investor or owner occupied.How do they count rental income from new purchase? I understand for existing rental properties the...
Sam Sharpe
Kansas City BRRRR: Buy, Live-in Rehab, Rent, Refinance, Repeat?
I'm looking to buy a value-add property in the Kansas City area and essentially doing the BRRRR method. My thought is to buy a livable home that needs some TLC and maybe doesn't cash flow immediately but if I were to ...
Andre Harris
Need help figuring out what to do next....
Here’s what I have. Lady has stopped making payments on her home in Dec. after 5 years of on time payments. Health issues, can no longer afford the home. Has left the home and lives with relative now. Last week a sher...
Nate Wentworth
Finance Student with a Passion for Multifamily RE
Hi everyone,My name's Nate and I'm a 24 year old senior finance student who's interested in real estate investing, acquisitions, and development. About MeI initially started out as a civil engineering major and intern...
Sean Rhodes
Wanting to do a flip with a friend should we start an LLC?
A friend and I were going to try to flip a house for the first time and I was wondering the best way to go about it. Is it beneficial for us both to start an LLC or should we just have the mortgage in both of our name...
Russell McCluskey
Single family home or owner occupied multifamily for first home
Hey Everyone,I am a new bigger pockets PRO member and this is my first post. I am currently not a homeowner, nor have I ever been. I have been learning and researching about real estate investing for the last 2-3 year...
Summer Timms
Does the BRRRR method exist with turnkeys?
Hi, I am VERY new to REI. Thus far I have read a few books, practiced analyzing properties, scoured Zillow, Craigslist & the MLS, spent hours on BP and secured a HELOC. I am convinced there is money to be made but...
Jay Bedsworth
Solo 401k vs Self Directed IRA
Have been reading that a solo IRA would be a better vehicle for purchasing property as the property can be leveraged with a non recourse loan and not have to pay tax on the gains associated with the loan portion at th...
Daniel E.
Bidding as lender at sheriff sale - how does this actually work?
Scenario:- You are the lender (purchased the note while in foreclosure)- Lender has been awarded default judgement- Sheriff sale scheduled 6/15/18How does it actually work when you show up for the sale? Do you just sh...