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30 January 2025 | 4 replies
Plus new folks do a very poor job of screening the buyer for Ability To Repay (ATR) which involves pulling full doc and calculating the borrowers DTI, honest income, honest debt payments, prior debt payment histor (FICO) etc etc.Plus shockingly (or shocking to sellers) if you bought this investment house, fixed it, then are selling with financing you are selling "inventory" and y9ou owe taxes on the gain in the year of sale, you are NOT able to use installment sale to spread out paying taxes.
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21 January 2025 | 4 replies
I was always wanted to invest more; Wish I bought more property 4 years ago.
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24 January 2025 | 6 replies
@Kevin Waymire I have bought and sold 5,300 units.What specifically are you wanting to know?
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28 January 2025 | 0 replies
.🌟 Pro Tip: Next time someone questions your real estate investments, ask them if they'd turn down an opportunity to buy shares in a company that:Pays monthly dividendsLets other people pay off their investmentOffers significant tax advantagesCan be improved to increase returnsCan be bought with 80% financingBecause that's exactly what you're doing with real estate!
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23 January 2025 | 3 replies
Hello BP,My wife and I are looking for some advice on an All Inclusive Trust Deed to sell our house.We bought a mansion up on the bench as kind of a live-in flip in 2021 and are finally as done as we are gonna get with it.
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6 January 2025 | 0 replies
Big things are in store!!
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19 January 2025 | 1 reply
About 5 years ago one of the sellers we bought a multi family from told us about a company that has a lot of landlords like us and we coshare insurance coverage.
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6 February 2025 | 42 replies
I recently bought in Saint Louis thinking it was a great market and it has killed us for example. 4.
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16 January 2025 | 1 reply
Purchase price: $160,000 Cash invested: $40,000 Sale price: $268,000 I bought my first house in Kalispell Montana as a long term investment and possibly a rental.