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21 February 2025 | 3 replies
I have a 2.5% interest rate on the balance of the mortgage.
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26 February 2025 | 4 replies
-- If there's no accountability, sales guys will say anything to get you business!
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28 February 2025 | 2 replies
Quote from @Twitch Raid: Found a home for sale on the judicial repository list that is from the previous owner.This owner owned it in 06, it was sold in 07 and posted for judicial sale in 2010 and has been in the repo since.Is this sale any good?
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26 February 2025 | 5 replies
@Wynn Williams You could buy it subject to the existing mortgage, but I'm hearing about those due-on-sale clauses being exercised often now.I would structure it as a lease with an option to buy.
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20 February 2025 | 6 replies
Does the LLC file its own tax return, or do you report the activity of the property on your own personal tax return?
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2 March 2025 | 103 replies
We have fixed all the rest.I agree the due on sale clause is a risk in wraps.It is just a very small risk that can be fixed if needed.
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16 February 2025 | 44 replies
Went to a Tax Sale where the property burnt down a couple days before the sale, yet people bid on it not knowing the property was ashes.
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13 February 2025 | 8 replies
Tax-wise, only the rented portion is deductible, and depreciation recapture applies on sale, increasing taxable gains.
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10 February 2025 | 11 replies
Because it takes "an expert" to explain novation, avoidance of due on sale clauses, ignorance of state foreclosure rescue statues trusts, why you don't need title reports, attorneys or reserves, and don't forget to throw in the Garn–St.
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28 February 2025 | 13 replies
A very high tech one.Here's how it works:1) Call 720-902-85522) A real estate investor will pick up, or text you immediately, notifying you that they will call back if they are on the line.3) On the phone, tell us your goals, and we will connect with the resources or network you need to solve that problem.That's it.