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24 August 2017 | 6 replies
The property ended up needing a ton of work and ultimately the numbers didn't make sense.
24 August 2017 | 3 replies
Welcome Ray,I would recommend the ultimate guide to real estate investing by Brandon Turner.
24 August 2017 | 0 replies
Just sell and move on.While I certainly want to make money on this home, my ultimate goal is to NOT have it cost me money to hold, while keeping it as part of a diversified investment portfolio.Did I leave anything critical out of the equation?
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29 August 2017 | 7 replies
The property is conveyed to the ultimate buyer in a simultaneous cash sale just as it would be with a 1031 exchange.At this point, you’ll have interest income for 30 years and the taxes will be due when you receive the last and final balloon payment.If you choose to, you can “monetize” the installment sale by getting a loan.
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26 August 2017 | 5 replies
I can understand why your agent might be shying away from the idea, but it would ultimately depend on what you are looking to do.
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27 August 2017 | 49 replies
I think knowing this ultimately helps you set meaningful goals, develop a plan of action and drive your overall success.
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25 August 2017 | 4 replies
Be sure to check out the ultimate beginners guide if you haven't already which can be helpful in deciding on your strategy: https://www.biggerpockets.com/real-estate-investing
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4 September 2017 | 17 replies
I wrote an article on financing methods for buy and hold a while back that you might find helpful: https://www.biggerpockets.com/renewsblog/2014/10/29/the-ultimate-list-of-ways-to-finance-buy-and-hold-property/
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25 August 2017 | 3 replies
Nobody even checked the title of the homes to see who the owner was, but if they ever did, I would tell them that I was part of the investment using my credit to help out and do the management, but ultimately my boss gave the money and had the control.
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25 August 2017 | 4 replies
I was reading where some liens will survive and some will not.