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7 February 2025 | 12 replies
It’s paid off, I would “like” to leave it that way & maximize the cash flow while paying down the heloc between the rental & other income.
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9 February 2025 | 7 replies
Also, contacting neighbors is not standard practive for PMCs, so how much extra are you willing to pay your PMC to do this?
8 February 2025 | 7 replies
But if this is a one-off, it's probably better to pay a local co-host who already has the local connections.Talk to @J.
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6 February 2025 | 5 replies
but if i go in a LLC with them i get hit with the tax from the sale of the homeThe GC and the flipper were just going to split the profits from the sale of the home and they were going to pay me 2%/12% for the duration of the build.
31 January 2025 | 6 replies
Attend in person, bid, if you win you have to pay right then via a cashiers check.
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2 February 2025 | 1 reply
This is where it pays to consult with a real estate attorney.
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11 February 2025 | 5 replies
Quote from @Zach Lemaster: @Sebastian Bennett We do pay significantly for advertising with BP.
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11 February 2025 | 1 reply
The positives are from the buyers prospective1- the ability to buy a property with little down payment2- the ability to obtain financing at below market rate3 -not needing to qualify for convention/institutional financing4- not having another debt on your PFS5 - not needing to pay points and other fees to obtain a new mortgage The positives for the seller are 1- can possibly sell a property in which they have negative equity without bringing cash to the closing table2 -expand the pool of potential buyers 3 -possibly obtain a higher price/ quicker sale 4 - can utilize a wrap to potentially earn the “differential” on interest rate 5 -May be able to save the Realtors commissionAll this being established, here’s the BIG question: Can a subject to transaction be done where both parties are reasonably protected?
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6 February 2025 | 16 replies
We are building a place with HELOCs then after it is built we will finance it and pay off our HELOC, at least thats our plan.
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30 January 2025 | 6 replies
That is what we thought, but are being told we have to pay SS and medicare on this now even though it is "deferred."