Craig Fitzsimmons
A Few 1031 Questions
Can someone please remind me...I can use 1031 proceeds from one property to acquire 3 new properties? Can any of those new properties have a purchase price less than the property of which the proceeds are from? For ex...
Jason Seward
Questions on 1031 Exchange
I am looking to buy a Vacation rental cottage in OBX N.C. which I plan to move into as my primary when I retire several years from now. I have been approved by a lender and have begun my search for homes. I had an ide...
James Loisou
Has anyone come up with an innovative strategy to take advantage of the FEMA flood zones?
After reading a number of articles and forum pots, it is quite evident that the new FEMA flood zone insurance requirements are adversely affecting a lot of home owners. It is amazing to think that property owners in f...
David H.
Help! Lender raising rate 12 days from close
Good evening BiggerPockets! I am looking for advice on an issue I am experiencing in the 11th hour with my credit union.I am purchasing a duplex to be owner occupied with my girlfriend. - We have a close date of Febru...
Troy Iversen
15 year vs. 30 year mortgage
What is better to do 15 year or 30 year mortgage if I'm trying to become a real estate investor?
Isaac Geller
evaluation of multifamily property
Hi BP!I am an investor from Israel and recently had an offer to join a syndication for a buying of a multifamily unit in NJ. The offer sounds tempting since the group has to finance about 3M$ (the rest comes from a b...
Rich Weese
OK-mathematicians, where are you??
A reply on another thread made me wonder about something. Mikeoh mentioned fannie mae is showing 5% appreciation annually over the past 50 years on average. The Rule Of 72 says that to find out how long it takes to do...
Account Closed
Embracing debt at a young age
I'd like to get some opinions on debt. I'm 23 and have 6 figures on school loans, which don't bother me a bit, matter of fact I refinanced them from 12 to 20 years to free up cash for REI (cutting my interest in hal...
Carl Schmitt
"Flipping a short sale is illegal"
I'm sure all the "flippers" out there read the subject and said, "That's not true!". I would say it all depends. The reason I'm writing this is because as I was speaking with a "short sale expert", she informed me t...
Daniel O.
What could possibly go wrong?
What Could Possibly Go Wrong? A Cautionary Tale for Newbies and Not-So-NewbiesThis post is intended to share some observations gained from more than a decade as a real estate investor, and to offer some words of cauti...