I'm going to sell a condo down in Palm Desert California that I fully remodeled. I want to sell it with owner financing to facilitate a fast sale (lot of inventory in the desert and market time is VERY slow). Asking p...
I have loaned (2nd position) to a flipper using my SDIRA. A hard money lender was utilized for the 1st position loan. The property was purchased around mid-August 2018 and placed on the market in November 2018. It is ...
I have been using Thumbtack to find various professional for hire. Thumbtack is similar to Angies List and Home Advisor. I placed an ad for a HVAC technician. I offered $250 for installation on each AC unit stating th...
I recently had someone tell me that you have to pay transfer taxes when you assign a contract. Is this true?
I've done contract assignments and have never paid any transfer tax. In my mind, there is no transfer of o...
Hi. I'm new to the RE investing world and am working on educating myself on real estate syndicates. In particular, how to best evaluate potential deals and the sponsors running those deals. This is from the perspectiv...
Hi BP - looking for some advice because I am in a sensitive situation. Basically, I violated the age old rule of rooming with friends. I put goodwill and faith that everything will work out and be OK... not. Long stor...
TSP is the Feds 401K. I have been considering taking a loan out to purchase a rental property free and clear. The problem is loan repayment term is 5 years, which pretty much kills any cash flow. The interest rate is ...
I just received this new marketing piece that is being distributed for a new loan program. I thought it would be something that the BP community may find useful as it directly relates to rehabbers.Has anyone else com...