My mother asked me recently if I'd like to take over her house. I've decided I want to, now I need some creative financial ideas to get this going. Here are the details:She has $50,000.0 equity, owes 120,000.0Has a gr...

Hi guys,

I have a deal im trying to structure

the home value is about 200,000

165,000 is owed on an FHA loan

I have contract for deed, contract for sale and letter of authorization.

Th...

I own 25% of a land property that was given to me (sold at a very low price for documentation purposes), but I did not pay a dime. This land is now being sold by my family that I will be able to claim 25% of its value...

Hi, I just bought my first duplex about a month ago. I'm in the process of getting the deed transferred to my LLC and set up a business bank account. Are there any resources out there that anyone would recommend on co...

Need some help figuring this out bc I know people do it and get away with it. If you buy a home, let’s say as a vacation or 2nd home, but decide to Airbnb it most of the time. What’s the plan and how do you change you...

Hello everyone! I’m looking to establish a few more lines of credit. Currently have one with Wells Fargo bank, I like it because it easy to use and make payments on the mobile app. Any recommendations on another bank ...

I think I know the answer, but I want to double check -- on my P&L, should I be recording insurance and taxes as I pay them to escrow, or when they are paid out of escrow to the respective entities?

I'm looking into buying a Tax sale property in Ontario. Trying to do all my due diligence before submitting a bid. I don't know anyone who's bid on one of these and have been networking in my circles and haven't been ...

Hi!
I am analyzing a commercial property with 4 tenants. 3 out of the 4 are on a month to month lease.
How should I handle this to ensure that they remain tenants after I buy the property?
Can I make it part of the d...

I just wanted to ask everyone's opinion on whether a newbie should be opening an entity to do their deals in from day 1 or not. I personally chose to start with an SCorp, but I have seen a lot of great posts about hou...