Jim K.
GENERATIONAL WEALTH: Do you worry about your kids?
31 May 2024 | 111 replies
There is a good chance we will set up a second home base outside the US.
Rene Ochoa
Managing software to use
28 May 2024 | 8 replies
It's not that difficult to navigate through based on my experiences with my clients, easy to use and setup.
Erich Morgan Weiss
What companies are you using for Residential Seller Leads?
29 May 2024 | 12 replies
Their scripts/list of questions should be short and to the point... then, you'll follow up with the warm/serious leads.If you're getting into social media and possibly SEO marketing, check out platforms like SEM rush that can provide great insights, analytics, suggestions, and more.Hopefully, the BP community can weigh in regarding other lead source options.
Timothy Yang
New young investor looking to buy first rental property
29 May 2024 | 13 replies
I know there are a couple loans/programs like an FHA loan that are available to starters like me, but are there more options?
Josh Uehara
Property tax in SC
29 May 2024 | 2 replies
I’ve been doing some research on the property tax and haven’t been able to find a crystal clear answer other than the base 6%.
Najeh Davenport
What's some of your exit strategies when buy property Cash
29 May 2024 | 8 replies
I'm currently weighing my options between using cash from my HELOC or getting a private money loan for the purchase and rehab of a property.
Rick Im
Tax deduction of finished below-grade basement
29 May 2024 | 0 replies
I wonder if I could deduct mortgage interest based on the basement's proportion to the entire house (1,600/(1,600+2,000)).
Mitul Gandhi
Need help with assumable loan deal
29 May 2024 | 7 replies
Here are the details:Assumable loan balance: $750k at 2.75%List price: $950kDownpayment needed: $200k to cover the differenceMy initial plan to make this deal work included a few options:Getting a loan for the $200k difference.Bringing in a partner.Asking for seller financing.However, when I discussed these options with my agent, I hit a few roadblocks:Second Mortgage: My agent said no bank would provide a second position loan for the $200k.Seller Financing: He mentioned that 99% of sellers would reject this, though we're asking anyway.Agent's Advice: He suggested I just get a conventional loan and put 5% down for the full $950k, but I feel this defeats the purpose of leveraging the assumable loan.Given these challenges, I’m trying to figure out the best way to raise the $200k.
Seth Williams
Water-Saving Shower Heads - Know Of Any Good Ones?
30 May 2024 | 21 replies
Some of the more eco-friendly options can put out significantly less...
Emma Hustis
Seller Financing and the Rental Property Calculator
29 May 2024 | 7 replies
@Emma Hustiswell, they're separate - you'd negotiate the price and terms with the seller, and now that's your mortgage payment (principal and interest, or P&I)then, you plug that mortgage payment in, as an expenseso, use a mortgage calculator first to generate the monthly payment, based on the seller financing termshope this helps