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28 January 2025 | 8 replies
So, you can do a land contract for 12 months, which should allow lender to credit you full value of the land vs the purchase price, but the loan will pay off the land contract, so the lender maintains first lien position.Can't help you with the rest of your question, but you should be able to search for "CPA" here on BP to find experts to reach out to.
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9 February 2025 | 1 reply
I currently live in Phoenix, AZ but I'm looking to purchase land and put two prefab homes on it with my business partner.
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3 January 2025 | 3 replies
Our next big objective is to eliminate our housing expenses by purchasing a triplex or fourplex using my VA benefits.
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28 January 2025 | 7 replies
I am learning a lot about real estate and want to purchase a rental property in my area.
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31 January 2025 | 3 replies
Purchase price: $355,500 Cash invested: $75,000 Rental Property near community college What made you interested in investing in this type of deal?
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6 February 2025 | 9 replies
I want to know more about the area and build a team that can help me purchase and manage properties.
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29 January 2025 | 24 replies
We are seeing much longer wait times on purchases to be cleared for disbursing funds than refinances.
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23 January 2025 | 165 replies
Nothing says that the compensation cannot be determined after the fact.
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3 February 2025 | 5 replies
Quote from @Jokari Trueheart: HI, almost 11 months ago I purchased 3 duplexes and I borrowed the funds from my personal residence which I took out a equity agreement for the down payment on the investment property, great idea at the time because I have 10 years to pay it off and theres no payment requirement, but , I learned more about the consequence that it takes a large chunk of my equity the longer I take to pay it back, so my goal was to refi cash out the investment property to pay it back but I don't think theres enough equity yet to pull the full $106k needed, I only borrowed $88k but with the equity percentage for one year i'm paying about $18k in equity on top of the amount I borrowed if I pay it off in year one, so I need this paid off ASAP before it increases more.
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6 February 2025 | 15 replies
I think it helps flippers as it is easy to find the purchase pricesp versus selling price.