Alex Collins
How to privately purchase a property from a buyer with a mortgage balance
29 December 2024 | 8 replies
As far as the sale of a property with a mortgage on it, that all gets sorted out at close. ie, you bring your money, the bank gets what they have coming, the realtor gets what they have coming (if there's one involved) and the seller gets the rest.
Bob Asad
Anyone Have Success with Seller Finance & Terms?
8 January 2025 | 2 replies
(no banks involved)2.
Kyle Carter
Seller finance information
3 January 2025 | 0 replies
I know what seller financing would involve in regards to me (the buyer) having to pay a interest rate set by the seller and the monthly payments also set by seller.But what are the benefits of seller financing a property?
Nate McCarthy
How to extract equity from turning basement into rental unit on paid-for house?
10 January 2025 | 2 replies
Cash out refi only if the rental income significantly exceeds the monthly payment and you want liquidity to invest elsewhere.2.You can maybe do a HELOC if you want a smaller loan that doesn’t involve refinancing the entire house.3.
Marisela Arechiga
To ADU or to Purchase Another?
14 January 2025 | 8 replies
Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.
Noah Laker
TAXES: Divorced client wants to sell
13 January 2025 | 2 replies
The client can distribute proceeds through a private agreement without involving the title.
Andrew Lawlor
STR to Custom Home Builds
14 January 2025 | 12 replies
I'm not completely foreign to the construction process as I grew up around a family that was involved in home building, but due to living in another state I can't really lean on them for the direct, hands-on guidance.
Bruce D. Kowal
The Side-Hustle Timeline: How to Build Your RE Business While Working 9-5
14 January 2025 | 0 replies
This allows you to test all the systems and the people involved.
Jay Fayz
Best way to start in REI at 20 years old
9 January 2025 | 4 replies
Another one I wish I had taken earlier was to get involved with a boutique or specialized commercial broker.
Account Closed
L.A. Wildfires and Their Tax Implications for Affected Residents
9 January 2025 | 0 replies
Calculating these losses involves documenting the fair market value of the property before and after the disaster, adjusted for any insurance or other reimbursements.