Ryan Sasscer
BRRR Strategy Question
When using the BRRRR (Buy, Rehab, Rent out, Refinance, Repeat) strategy, what kind of loan is the refinance?Is it just like getting a loan for the purchase of a house and thus count toward a maximum number of Fannie M...
Will Chitwood
Due Diligence for Note Buying
I'm planning to buy some 1st position notes off another investor who runs a company and once sold they woud be the servicer. I was wonering the due dillegance I would need to go though? To explain their model, here's ...
Cody Begg
seller financed 4-plex
Bryan College Station, TX2 4-plex properties (side by side)purchase price: $318,000Seller Financed on 2 liens 1st lien 80% LTV 20 year note at 9% second lien for 10% for 2 years at 9%10% out of pocket.Monthly Rent of...
Raul R.
Selling my 2nd Home in NYC, anyway to avoid Cap Gain Tax w 1031?
Hello all, I have a 2nd home that I'm in the process of selling in NYC, RIverdale.. Its a Studio Co-op, bought it in 2002 for 62k and should be able to get 130K. Spending 10K in renovations, currently in the middle of...
Jacob Barnhart
I'm making my first offer tomorrow. What should I be doing?
Questions are bolded.Realtors in my area are not very quick to make things happen. So after over a month of looking at a specific property (with hardly any help from the realtors I've contacted) I've decided this prop...
Doug Scheetz
In need of some help
My buddy is in a bit of a situation and we need some advise. My friend moved in with his new fiancé and they refinanced the mortgage out of her exs name and he basically co signed the refinance because she couldn't af...
Maria Mejia
Real estate agent disclosure
Hi, I got my real estate license (Wisconsin) but I don't work with a brokerage or have any experience yet. Do I need to disclose that I'm licensed? At what point would I do this, in my direct mail marketing, door hang...
James Kennedy
Real Estate Opportunity for $150K on a $600K Home
Hey Bigger Pockets, my wife and I are looking for some advice on some options to approach a opportunity that has presented itself.The GoalBuy this home to leverage the equity in order to buy our first investment prope...
Devin Williams
Owner Occupancy Question
Hey whats up yall,I recently bought my first property about a month ago (under the VA loan) and now I think I've decided to go back to university overseas in England. I honestly didn't intend on going back but you kno...
Aileen Jimenez
Commercial property and Residential property in one LLC?
We have a commercial property under an LLC. Recently, we also purchased a residential lot (under the same LLC), where we plan to build a house and sell. Would you recommend we put them the two properties in separate...