Hello BP,I have deal on the table where the seller is willing to carry the note for the first year but then I need to find financing. This is not a flip but a long term buy and hold. I suppose if I can't find financi...
In Los AngelesListing price $690k. I have offered $645k. It currently has 2 2bed/1ba and 2 5bed/2ba. The property was non comforming 6 units and the seller just converted and remodelled it to 4 units. I may convert i...
I know there is not a specific time to hold to 1031 proceeds however generally a year is given as a time frame that the IRS will accept.
Does the year time frame have to be continous or can you have a break in title?...
I would like to start doing rehabs. I just bought my first long term buy and hold property. And I'm ready to keep moving.
Paying cash won't work for me right now so I would have to finance
So I would need to find f...
Hello All,
I was wondering if anyone might direct me towards a resource that goes over how to structure and set up a seller carrying a portion of the purchase. The purchase will be a multi unit / apartments ...
I have read about the advantages of buying with a subject to clause. What are pitfalls of selling a property with a subject to? For example:
Buy a property for $30,000
Repairs of $20,000
Mortgage of $50,000 at 7% in...
I own a home which I am currently livivng in. I've been bouncing around the idea of building another home behind the one im livivng in now. My question is how could I get the money back out of the new construction home?
The SEC has finally released rules for Title III of the JOBS Act, the equity crowdfunding law. What the New Equity Crowdfunding Rules Mean for EntrepreneursTo the experts following and reporting on the newly passed Ti...
Evening BP,
I was wondering if I can restructure my LLC after I filed it with the secretary of state within RI. I just have more questions after the fact, if the LLC is "Inside and Outside" protected and ...
Is it possible to make an offer on a short sale that is supposedly with the bank? And if so, is there a way for me to verify the validity of the information I received from a phone call by this wholesaler? Please Hel...