Tom Martinez
Prepaid mortgage interest on seller financed property
Does anyone know if it is possible to write up a settlement sheet to show a lower sales price, and "prepaid mortgage interest" as a line item. Not at all sure if this is doable but I am looking for ways to lower t...
Isaac Lane
Is Attorney Recommended For Selling A Residential Property?
Hi,I'm in the process of selling my first residential property and want to know if an attorney is essential to have for this process? If so, what does an attorney actually do when selling a property and what is a typi...
Carlos Varum Jr
Who's Buying the 21 Million Properties coming onto the market!
On Foxnews.com this morning there was an article that alerted me of a Tidal Wave of Properties that were going to start popping up on the market: https://www.foxnews.com/lifest...
Essentially, what they are alerting ...
Emily Simmons
Structuring partnerships and/or private loans
I'm curious who has done this successfully in the past and can offer tips on the Do's and Do Not's so that both sides win. I've heard a couple times that someone has had provided the sweat equity with their partner j...
Tim Johnson
Short Sale HOA Super Lien Question
Hoping that the brain power of the masses can assist in providing me with some clarity.We have been going through the process of doing a short sale on a ski condo in Colorado and arrived all the way to the closing tab...
Eric T.
Importance of cash flow vs cash-on-cash ROI
Hi all,
Brandon Turner mentioned in a webinar that he typically looks for properties that will meet BOTH a certain minimum cash flow amount and cash-on-cash ROI. For example, when it comes to single family homes, he...
Al Zeman
Down payment any advice
I have a deal but i cannot come up with the down payment, does anyone have any ideas, i asked 1 hard money guy he was like we don't give the down payment. i look forward to your responses. Thanks Al
Alex Short
Transition from primary residence to rental property
Hello BP,Recently, I decided to move out of the house that was my primary residence for four years and make it a rental property. My plan is to obtain a triplex or quadplex and house hack that for a year. This seems l...
Pathik Thakkar
STR + Flip - does it work?
This is for the bay area, and here's what I am hoping to do - buy a fixer upper for 900k - Cost seg - write off (675k)- Spend 200k in improvements- 30k in furnishingsHow does the 200k in improvements play in taxes? Ca...
Christina Mao
How to enforce right of entry to rental properties during COVID?
I'm doing a cash-out refi on a rental and lender required a full appraisal. Tenant is refusing entry due to COVID-19 shelter in place even though this is considered an essential business activity. And the sheriff wi...