Tammy Smith
Purchasing property in Solo 401k, how to title?
Hello, I recently put an offer in on a property to be held in my solo 401k. I researched and found that using “Tammy Smith Trustee for Smith 401k” as a suggestion. That is how I put in the offer. The offer has been ac...
Brent Seehusen
Purchasing Property with Driveway Encroaching on Neighbor's Land
I have a duplex under contract that is scheduled to close in 5 days. Everything was going along smoothly until this morning when I received the sellers' disclosures which noted that the land owner next door believes ...
Kapil Patel
Jersey City best property to purchase year 2018
Hello BiggerPocket friends,My name is Kapil and I am a newbie investor. I am new to Jersey City and do not fully understand the market. In fact I moved to US from Canada last summer.If anyone has solid expertise in Je...
Adam Bradley
Where to find a mobile home purchase contract
I'm looking to sell a mobile home for down-payment + monthly payments. Might someone please share their contract that they use for this?Thanks for your input!
Michael Rumer
Purchased a Mom and Pop Self Storage Facility
Investment Info:
Other commercial investment investment.
Purchase price: $299,000
Cash invested: $310,000
28 Unit Self Storage Facility
Jeremy Willcoxson
Withdrawing my 457b money to purchase another rental
Hi Everyone,I want to withdrawal my $88,000 out of my 457b retirement account to assist me in purchasing a rental property. I understand that I will pay 10% in penalty as well as 24% of state taxes on it as well, leav...
Mo Maktari
Use HELOC as down payment or cash purchase?
Hi guys! Newbie investor here! I just closed on a HELOC of my primary here in Tampa, FL and was able to pull $185k. As you all know the market here is crazy and homes are on a steady incline. My wife and I are followi...
John Chapman
Information on HUD loan for apartment building purchase
Has anyone ever had a HUD loan for the purchase of an apartment building? I'm not if they are direct lenders or if they just issue guarantees to a lending bank. I'm looking at a loan of about 1.1M for the purchase o...
Anthony Venturini
Looking to purchase STR / vacation rental management company
I have been on the lookout for a vacation rental management company to purchase for a few months now. I have been looking at listings on bizquest and bizbuysell, but have not found any that are super interesting yet.O...
David Garcia
Tax Treatment of Gain from Discounted Note Purchase
I own a First Mortgage Real Estate Note with a face value of $90K. I paid $72K for the note, which has a balloon payment in 2 years. Does anyone know the tax implications, if any, when I realize the $18K gain from t...