Raymond J. Rodrigues
Selling an investment property within 6 months of purchase
good afternoon all,Are you allowed to sell your investment property within (6) months of purchase to a prospective buyer seeking traditional financing(V.A)?
Jason Malabute
RISKS IN INVESTING IN A DOWN MARKET
Real estate has long been seen as a stable and reliable investment option, but it's important to remember that no investment is completely risk-free. When it comes to investing in real estate, one of the biggest risks...
Nevin Hofing
Purchasing a second rental home after having my job eliminated.
My wife and I purchased our first rental home in January after reading the bigger pockets first book. It’s located in Southwest Florida about 10 minutes from the gulf. We have been using Airbnb very successfully and...
Account Closed
Water, water everywhere....
Hello again,My question this time is- if water quality should be an issue when investing in property? The reason I'm asking is that I have read that in Adrian, MI they have a problem with the water. I know that in ...
Sal Mazzone
Need advice on getting mortgage with no income
Me, my brother and father-in-law are just getting started in REI. We have two offers out on properties that we will be buying with cash. Our strategy is to purchase the home cash, rehab, then refinance them at the A...
Chloe Aribo
Loan Assumption + Rentals
Is acquiring properties via loan assumption a rare occurrence? Are home owners more inclined to choose a different type of deal (seller financing, subject to, etc.) over a loan assumption deal? What type of homeowners...
Richi Brown
First Deal Completed
Investment Info:
Single-family residence buy & hold investment in Clinton Twp.
Purchase price: $88,000
Cash invested: $11,000
Contributors:
Michael Helfant,
Joe Hammel
Purc...
Gloria C.
Investment property burned down.....
I had an investment property that burned down recently. I should have approximately $400K after mortgage is paid off. Does anyone know if this is considered "free money"? or if I can do a 1031/1033 exchange? Are ru...
Paul Allen
$271,779 in Passive Losses Disallowed by Tax Court
As has been pointed out often on this forum - you must meet strict criteria to claim to be a real estate professional. Claiming that status when you do not meet the criteria can cost you a lot of money...M & M v. ...
Gabriel Rivera III
Help and old vet do his first house-hack in San Diego
Hello all, this is my first post, but I’ve been binging Bigger Pockets since last December. Great stuff. I’m 65, close to retirement but wanting to work for a couple more years for the steady paycheck while I get into...