6 March 2017 | 9 replies
If I accept money today, one time cash payment, from a tenant as an option for that tenant to purchase a house from me at some future date, does accepting the option payment jeopardize my ability to sell the house to the tenant using a 1031 Exchange?
30 November 2016 | 12 replies
The beauty of owner financing for the buyer is the ability to negotiate terms.
22 June 2016 | 9 replies
Hey Jerry,Thanks for the kind words.I better start with the caveat that I'm not earning the seven figure annual net income that most people here seem to be striving for, but rather enough to be happy and to have the ability to pursue my own interests.
27 April 2021 | 9 replies
Make it credible, work on SEO and while you organically rank that site you do paid marketing like facebook ads or PPC.This you need to do without question.I did this almost 5 years ago and now I am buying houses for 10% ARV and all leads come in on autopilot, automatic 100% free and extremely motivated.Actually, just yesterday I told a motivated seller to go climb a tree and kiss my ***, because he felt like he had the right to be rude.
26 October 2016 | 6 replies
Chances are they would want to see your ability to perform before locking up the property under contract.However, if you are part of a group who has a track record or can convince the owner to give you a shot or try to buy from someone who has inherited the property, they are be more open.A listing agent will want to make sure you can close.
31 October 2016 | 21 replies
Sex offenders have an extremely negative impact on my ability to rent the other units in my multi unit buildings.
3 November 2016 | 3 replies
As you nail down all the things listed above, you'll become more experienced and more confident in your ability to close deals and take your wholesaling business to the next level.I'm sure I left a few things out so I'm hoping other BP members will chime in.Best of luck to you!
30 April 2019 | 10 replies
Since IRA's were created, they have had the ability to invest in non-traditional assets such as real estate, stock of privately held companies, etc.
6 November 2016 | 6 replies
I mean we could just use 75% of gross - PITIA for now but when you get your tax returns in on an application you might get a completely different answer.It looks like your DTI will be low if you file both properties in a way that will net positive income from a lending point of view.You'll have the ability to qualify for about 230k in loan approx assuming all rental properties "net zero," income from a qualification perspective (most conservative calculation).
15 November 2016 | 31 replies
Money is made quickly in real estate in many cases because the person bringing the property to market has ability to produce a higher sale price.