Simple 4 page executed contract provided for purchase money mortgage (pmm), seller financing $375k @ 4%, repayment monthly amortized 30 year, 15 yr balloon, no pre-payment penalty. Seller's P.O.A. is a non practicing ...
Hi - I am a new investor starting to invest in long term rental properties. I am a high income W-2 earner based in NYC. What tax strategies do folks recommend? This will be a passive investment.
Hey BP, I have been looking at a couple online savings accounts to park some money in. Ally savings rate is 0.60% if I am correct. I also saw Chime.com but didn't know how reliable it was. It's APY is 1.00% and it als...
So we bought our dream home last year and kept our old house (it was paid off) and turned it into a rental.Had a GREAT first year as landlords! No major problems other than a leaky pipe and some maintenance. (bonus ...
I have 3 properties that I need to sell together. Since a 1031 exchange is time sensitive I can't risk not selling all three together. My realtor has suggested selling at auction, all three on the same auction date....
How should I use my 85k bonus to invest as a newbie?
I'm an investor who also has my real estate license. My primary focus has been on rentals. Now I'm switching gears and focusing on flips.How have other agents, who do their own flips, agreed on a commission with anoth...
Trying my darnedest to get my first deal under my belt. I have a friend who is moving in 2-3 months and wanting to sell their home. I want to "buy" it and start taking in some monthly income. I don't have a lot of mon...
Good morning everyone! I am in the beginning stages of real estate investing. I have continued to further my education on different aspects of real estate over the past few months and plan on continuing to do so. I ha...
Sheriff's auction property in my area. Previous owner seems to have died a couple of years ago and the place is completely untouched. There is a newer truck in the driveway, a grill in the back and various other perso...