Lisa McKinney
HELP!! How to Structure part finance/part seller buyback
22 March 2024 | 3 replies
Original PA sale price of $225,000 with buyer securing investment financing for $157,500 and seller financing the remainder at 8% with a 5 year balloon.
Andrew Stouse
What amount of money do you need to begin?
24 March 2024 | 8 replies
By building a seller credit into your offer, the seller can pay for ALL of your closing costs and prepaids, and you will get your earnest money back, plus any property tax proration credit as applicable.
Mary Jay
When would you buy a property with a negative cashflow?
22 March 2024 | 88 replies
I’d rather have the cash for security or the next deal.
Justin Foster
How should I outsource bookkeeping?
21 March 2024 | 8 replies
I married someone just like me. 3) I want a system that's as easy as possible for me to get receipts and information to the person doing our books. 4) our system MUST be secure.
Edith Acevedo
why are auction property selling for market value?
22 March 2024 | 19 replies
I struggle to understand that logic, because at that point buy off the MLS where at least you will have a proper and secure close.
Sean McLaughlin
Sam Primm Faster Freedom Program
24 March 2024 | 15 replies
I ended up in a debt hole since the program cost me about $8000, then they introduce you to Prime corporate service to do your taxes for another 2k and then set up your business and registered agent stuff for another 2k.
Keeya WangJones
Texas New Law: Can’t tour properties until an agreement is signed
24 March 2024 | 17 replies
I will continue to be transparent with the agents and go through the process according to the law update.We are working on all the backend processes, 2023 taxes, you know the flow.. and hope timing works in our favor.
Roberto Lozano
Home equity tax deduction on out of country
21 March 2024 | 2 replies
Im not familiar with the specifics of the USA + Mexican tax treaty, but this article is a great place to start: https://www.cpasforexpats.com/post/us-mexico-tax-treaty#:~:text=The%20US%20Mexico%20tax%20treaty%2C%20signed%20in%201992%2C%20serves%20as,according%20to%20their%20respective%20laws.
Sean Haley
Will analyze your deal
23 March 2024 | 0 replies
Share your assumptions below for a tailored model and insightsNeeded: Rent, Rental Growth, Occupancy, Interest Rate, Loan Amount, Property Tax, Maintenance Expenses, Purchase Price, sum of all Closing Costs (including commission), HOA Fees, and Renovation Costs.
Douglas Rosenthal
What is best way to locate prospective SEction 8 tenants
22 March 2024 | 1 reply
and don't want to pay a security deposit.Good luck!