Hello BP Family,
I was told that a Purchase agreement was kinda risky to have between me and a seller if i was looking to wholesale the home and didn't already have a buyer lined up to purchase the thing. I w...
I'm hoping some 1031 exchange experts might know if it's possible to defer capital gains in this situation: I want to sell several properties owned by a 3 member (all family) LLC (LLC-A) and sell one property owned b...
Hi BP!I have only used hard money 1 time, and don’t remember the specifics of what their requirements were of my personal finances, if any.I’m curious, how many hard money loans could I take out at a time? For instanc...
I find myself in a real estate purchase conundrum. BLUF: seller is trying to cancel our contract to buy and threatening litigation.
A bit of background, wife and I put an offer on this house. The process was going a...
Hey all, I’m looking to start a flip in the beginning of the next year. If I have no lenders as of yet. Would a good 1st move be going to the bank just to see what I would qualify for in say a 203k loan? Even without ...
So we’ve purchased our first multi family cash, and are almost done with needed renovations. Soon I’ll want to refinance to get my money back and repeat. I’ve always heard the refinance discussed as a mortgage - but I...
Hi, I am new to Biggerpockets and Real Estate investing. I'm learning as much as I can right now on this site and reading books. I currently own a single family home that I bought in 2010. My Tenants pay $1500 and my ...
I have a duplex I recently purchased for cash using a line of credit. The LOC rate is variable though so I want to get a term loan in place and pay off the LOC. This will require an appraisal. I am trying to figur...
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Hi. First post here. Here is my scenario; I own two lots of land. I want to put an offer in on a 3 unit apartment building. My question is; if I buy this apartment building and then 2-3 months down the line sell the l...