Mike Landry
need a creative solution! assumption and sell back later
Here is the situation. The home owner has an owner financed note remaining of 90K. Minimal to no repairs. ARV 185,000. Her note balloons or expires in 2017. Set up in 2012. I suspect it was not done to frank Dod...
Cody Croteau
Purchasing Duplex & Inheriting Tenants
Hey all,My brother and I are going in on a duplex together as our first investment property together. The current tenants have a lease signed until August of this year, and they are paying wayyyyyyy under market value...
Nick Chungo
NC OTP 14 day extension question
Closing date on a property i am selling in NC is Jan 31st 2020. This contract has been in place for 2 years in which buyer has been a renting tenant. This offer to purchase was written up as buyer not needing to obtai...
Jerome Morelos
House Hacking with existing Tenants
A lot of the properties I’m searching on the MLS already have tenants in place with lease agreements. I plan to owner-occupy one of the units, so how would I handle this situation? Do I wait for their lease to expire?...
Wade Garrett
Evicting a Tenant Who Eventually Pays Up
I just filed for eviction on a tenant for the second month in a row for nonpayment. Last month she was late, and paid after I filed for eviction. I told her I wasn't doing this again. Today is Nov 19 and she still has...
Lue C.
Selling property with tenant in place
Hi BP Community,I am selling a rental property in NJ, and it's currently under attorney review. The buyer plans to live there, and expects it to be delivered vacant. The expected closing date is end of September. ...
Quortney Williams
Seller financing or rent to own opportunities..
Hey All!I have a new client who really wants to purchase a home, his credit isn't the best (in his words) and he'd rather do some creative financing then go through an traditional bank. I'm curious if there's some swe...
Christen G.
Should they stay or should they go? Inheriting tenants!
What's everyone's opinion on inheriting tenants? I've heard a lot of strong opinions on "terminate immediately and start fresh." That's usually based around the theory that this way you can screen the tenants, gets r...
Collin WIlkinson
Cashing out 401k / IRA's.
Does anyone have any good ways to cash out 401k / IRA's without, getting taxed to Oblivion? I am finishing a basement to put two rooms and a bathroom for renters. I have enough in my accounts to do so. I just need ...
Richard T.
Starting out using other people money
Hey guys,
I'm still a newbie so be gentle. I'm about to take the first couple of steps to becoming a landlord. From reading the forums and hanging out at local investment meetups it looks like creating an L...