We are also interested in multifamily homes that can be converted to professional office space (e.g.

Do I have a attitude, you bet, can't collect from them when they default and 80% will be a problem guaranteed.The vast majority on welfare of any type in Ontario are scammers stealing tax dollars and all believe they deserve every cent they receive.

I need some advise on a opportunity I received today.

BP has been a huge resource for me in working towards both my professional and personal real estate goals.

I would recommend you not cheap out in this one and pay a professional.

This is something that I have sturggled with a bit as well...as a Finance professional I understand the power of leverage that REI offers but still find myself thinkibg about using some of the monthly cash flow to accelerate principal paydown.

I can say unequivocally that @Neal Mahoney is a great contractor and a true professional.

So I'd say the seller(s) should consult with an attorney or accountant, but it's possible they may owe much less than 15% or nothing.Also as Account Closed said, seller financing is also often attractive to people who are concerned about taking a big tax hit in one year - instead it's "pay small amounts as you go, over time as you receive the money" and is great for a number of reasons (no or a favorable interest rate for you, no bank BS, build long-term relationships and credibility with future sellers, possibility to discount in future with a payoff offer, etc.).It's worth having in your mental toolbox even if you don't use it on this deal.

Hey folks,This situation has not happened to me before so I thought I'd ask to see if anyone else has been through this.On August 16 I received a seller's counter offer on a property.

Dear all,Need guidance around Real Estate Professional exception for passive loss rule when managing multiple rentals.