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16 May 2024 | 4 replies
My parents want to help us pay for it and we pay them back on interest.
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16 May 2024 | 17 replies
It was $125k gross, and I used a lot of it to pay off debt.
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16 May 2024 | 2 replies
My parents want to help us pay for it and we pay them back on interest.
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17 May 2024 | 3 replies
I would much rather pay tax on just the interest income rather than on a distribution of that amount, that I've already previously paid income tax on.But, when getting funding for deals, from either hard money lenders or other lenders, will having that loan on the books create a roadblock that could make getting funding more difficult, potentially costing me deals?
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16 May 2024 | 14 replies
He said we would utilize a payment service to ensure payments are made, and also a "performance deed", so that if they stop paying I could reclaim the property without going through a year-long foreclosure process.
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16 May 2024 | 7 replies
If you pay back all the upfront capital needed to fund the deal, the return becomes infinite after that, so that plays heavy.
16 May 2024 | 5 replies
I was wondering what is the best way to screen future tenants if I don't want to pay for a monthly subscription like tenant cloud or rentredi?
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14 May 2024 | 10 replies
I think each market is unique but I list on the majors (Zillow, RentRedi) but have received the most attention on Facebook Marketplace.
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16 May 2024 | 12 replies
The house was appraised at 450k and we’d be paying her sister 200k.