Hi, all! I have 3 potential projects that I've been researching and planning to get underway within the next 6-12 months:A) Renovation of historical single-family home. Current value ~$80k (still has mortgage of $40k)...
So I am a real estate investor just starting out. I have a potential property, the seller is motivated and verified there aren’t any back taxes, and the home is owned by him, no banks involved. But he lets me know the...
Looks like the IRS dictates that the seller who sells on terms has to declare the minimum rate (I believe it varies but is around 3%). Which means that if you ask for and get a principal-only mortgage, the seller is g...
I owe 104000.00 on a house and it appraises at 153000.00. I have it on the market to sale and I have an offer for 153000 and buyer is paying all closing cost. Question is I do sell it or do I keep it an refinance and ...
Perusing CL this morning. It seems the representations made by many, from unlicensed brokers, to licensed "wholesalers", etc are often so far off base that an unsuspecting newbie could be taken bad. There are quite a ...
Hello BP, I am a teacher in the state of Georgia. During one of my math lesson's I had an epiphany. In my class I have my students come to the board to solve a problem. With all the different math strategies these day...
I am in the process of buying a duplex in Cleveland Ohio. I have allocated $100 a month for water. This duplex only has 1 main water line to both locations. However the other utilities are separate. I would like to fo...
Hello All, I am trying to make sense of something that keeps being brought up on numerous investment media I have listened to or watched on youtube, but I just don't understand the reason behind it that makes it bette...
Hi BP friends.Super excited, just today I received my pre-qualification information from a lender. Although I wasn't particular worried about being approved, I am a bit shocked at the numbers. I'm wondering if anyone ...
Hey everyone, glad to be here! My name is Tareq from Shrewsbury, Mass and I'm super excited to get involved in what seems to be a great community. Plenty of resources, collaboration, and opportunity. I signed up main...