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All Forum Posts by: Braeden Hilbish

Braeden Hilbish has started 3 posts and replied 5 times.

Post: 1031 Exchange for Barndominium

Braeden HilbishPosted
  • Muncie, IN
  • Posts 5
  • Votes 1

Both are primary residence but will be value add investments. 

Post: 1031 Exchange for Barndominium

Braeden HilbishPosted
  • Muncie, IN
  • Posts 5
  • Votes 1

Hello! We are selling a home and going to net around 100k. We have been gifted a property that we would like to build a barndominium on. Is it possible to 1031 it into the build? Is it even worth it? If yes, I would appreciate any recommendations. Thank you!

Post: General Help for This Newbie

Braeden HilbishPosted
  • Muncie, IN
  • Posts 5
  • Votes 1

Hello,

I am a current student at Ball State University in Muncie, IN. I am married and currently renting an apartment with my wife. We both work part-time and have a substantial amount in savings. The market here in Muncie is super cheap! We would love to buy either a single family or a small multi to get started in out investing journey. The only problem is that obviously, it doesn't really matter if we have enough for a substantial down payment on a house and the means to pay the mortgage because we both work part time and therefore can't qualify for a loan. My question to all of you would be this: If you were in my situation, how would you go about this? should we just wait 1 more year till we get full-time jobs? Are there other options besides getting a co-signer? I am open to whatever criticism there is to offer!  

Thanks in advance,

Braeden Hilbish

Post: REIA Meeting Details in Indiana?

Braeden HilbishPosted
  • Muncie, IN
  • Posts 5
  • Votes 1

Hey guys!

I'm new to the game and eager to make some connections! Does anyone know of any REIA groups around the Muncie/ Indianapolis/Fort Wayne area? Feel free to contact me if you have any questions. Like I said, I'm relatively new to this and I'm looking for any way to "get my feet wet" in real estate. Thanks!