Sorry if this has been asked before...maybe I'm not using the correct keywords.I am confused about the mortgage interest tax deduction. I understand that it allows the interest on a mortgage loan to be deducted, but h...
I am thinking over 2 choices. Would like input, insight or opinions. I have a bay area SFH value ~$410K, bought 1 year ago for $385K with 20% down and put about $30K repairs into it. Has good terms, 30year loan with...
I was thinking about owner financing a property to a buyer and I need some help please to figure out if this is a good deal or not.I paid $235,000 for the home. Here would be the terms with the buyer:Sales Price: $315...
Hey BP house hackers,Actively making offers on house hack deals in my area and want to get your thoughts on something. Many of the properties in more desirable areas (and higher potential for appreciation) would allow...
What Is a Dual Agent?Legally speaking, a dual agent is a real estate broker, or agents working for the same broker, who act on behalf of both the seller and the buyer in a transaction. A broker is permitted to act as ...
The 1031 Exchange has been one of the most tax efficient investment vehicles available to real estate investors for many years. However, with the creation of Opportunity Funds under the Opportunity Zone program, the 1...
Totally new to BP.....Thanks in advance
I'm a dentist in NYC, I've always loved the idea of retiring in Phoenix and recently owning property for rental income and appreciation. So late 2012 we finally found a place, ...
I have been given the opportunity to invest in a new RE brokerage. The people that want to start it are top notch, motivated, ethical, honest, and go getters. I don't think I could find someone I would trust more or h...
I have a 1972 1500sq ft Mobil home on a 0.4 acre lot. I own both free and clear and am currently collecting $1350/no rent ($1270 after PM fee). My concern is , I have a credit card that has a $30,000 balance with the ...
I have $340K left on my rental mortgage and I'm refinancing it now.Got 2 options:1). 30 years fixed at 3.70% or $1,565 monthly paymentOR2). 10 years interest only at 3.65% or $1,030 monthly payment.I have no W2, so re...