Sheri Fierro
Tenant wants to buy a commercial property and have us carry the loan
My brother and I inherited some rental properties in Los Angeles and we are very fortunate with what our dad did. All the rental properties are paid for. No mortgages but most of the properties are fairly old. Anyway,...
Jai Reddy
Advice : Sell SFH in Wisconsin, or continue renting it out
In 2005, I built a 2,370 sft single-family home in Waukesha, WI. My basis in the home then was $358,000.I left Wisconsin in 2008, and have the home rented to the same family since then, who are glad to continue rentin...
Jonathan Olcott
Can an Owner Carry financing option work when the seller has an existing Mortgage
I found an off market deal yesterday. While attending an open house yesterday a neighbor and I began chatting and it turns out he wants to sell! He is house hacking a 2500 sqft 6 bed 3 bath with current rents at $6000...
Ryan Kelley
Seeking a solution for my situation [Lease/Purchase] [Tennessee]
The Situation:Hi all, my name is Ryan. I am seeking advice on how to proceed with my situation. In 2012 I signed a lease purchase agreement and bought the option on the home immediately. I went this route because...
Willis Seng
Good time to buy or bad time to buy?
Ive been hearing a buncha smack about the current real estate market lately. I was thinking, since the market is slowing down, declining, and foreclosures at a high, shouldnt that make it perfect for an investor to b...
DG A.
Newbie Working on First Deal in Oakland
Hi All, My name is Danny. My day job is in A/B testing websites and doing conversion rate optimization to get more revenue/purchases from people visiting websites. I've been pounding the pavement pretty hard since Dec...
Andrew Bosworth
Creative Financing for a Buy & Hold
I am currently looking at a 4 unit property, fully rented. My model is to buy properties with cash, renovate, lease and refinance. If purchased and renovated at the right price, this allows me to get my money back a...
Manson C.
$25k Passive Loss to Offset Ordinary Income
Hello. My adjusted gross income is under $100,000, and so the passive loss (including phantom loss from depreciation, deductions from mortgage interest and property tax, etc.) from my rental properties will be offsett...
Andrew Scott
First deal. 22 unit apartment. Will lenders even say hello to me?
A guy bought a 22 unit class D apartment several months ago in a class C area from absentee owners. He's done the heavy lifting: evicted half the tenants, rehabbed 3/4 of the building, raised rent from 400 to 520, and...
Constancia R.
Would you touch this?
Would you touch this? Found an off-market 2 bedroom for $75,000 in a market in which hardly anything is under 100K. In great condition, it would sell for about $110. It is rough and would probably need about $25,000 w...