Jared Haxton
Setting Up and Marketing 4.25% Seller Finance Deal
17 January 2025 | 7 replies
I’d love your input on whether this deal could appeal to investors and how best to structure it.Property Details:Worth: ~$300,000HOA: $273/month, Taxes/Insurance: ~$170/monthCurrent Rent: $1,880/month (long-term); next tenant advertised at $1,950/month.Mid-term rental potential: ~$2,400/month (I haven’t tried this, but it’s my estimate).My Financing Idea:Large down payment: ~$125,000 (This is my priority to reinvest elsewhere).Seller-financed balance: ~$175,000 at 4.25% for 30 years.Buyers take over taxes, insurance, and HOA.Questions:1.
Hunter Goorsky
NEW Investor in the Joliet area 🏠
16 January 2025 | 1 reply
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.
Tim Wiesemann
2025 Goal To Start Using BP
15 January 2025 | 3 replies
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.
Michael Plaks
EXPLAINED: How to find a CPA focused on real estate
9 January 2025 | 20 replies
Others opted not to.No, there is nothing wrong with paid advertising.
Karin Recalde
Purchased property listed and sold as a triplex just found out from city it is a SFH
17 January 2025 | 27 replies
I’m just shocked they can advertise it in writing as a triplex and it’s not.
Henry Jay
New to Investing in Real-estate
14 January 2025 | 3 replies
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.
Angelo Llamas
Taxes on a new rental
30 December 2024 | 6 replies
Digitize physical receipts for easy storage and use a consistent naming convention for easy sorting - 2024.03.25 Home Depot.- Maintain proper records, such as contracts, settlement statements, and promissory notes.- Additionally, you can track income and expenses consistently using software or spreadsheets.If you track everything, you could show a loss and use that to offset other earned income (such as a W2) which will net you a bigger refund.
Josh Ball
Unique STR ideas/feedback
14 January 2025 | 18 replies
The amount of money you make is in a different digit.
April Smalls
Is This A Red Flag Pml Edition
31 December 2024 | 14 replies
Facebook is the last place you want to find private money. whats unfortunate is real estate professionals are still advertising to us newbies Facebook is the place to find the lender.What’s even more unfortunate, @April Smalls, is that newbies are falling for it.A few years ago, someone created a fake website that impersonated our company.
Karen Smith
The Rise of Private Lending: What's Your Experience?
13 January 2025 | 12 replies
Prices have increased (higher terms/rates) as the fed rate has gone up so you have seen people who could get 8 or 9% now in double digits.