Hello everyone,I was looking at purchasing a three unit in Allentown, Pa. This would be my first deal, so it is a little nerve wracking to pull the trigger. It is the best deal that I saw in our market in a while. The...

Hello All,I need some expert advice.
I am a rental property investor and I am looking to buy a 8 unit multifamily property in Michigan. I had approached the seller to owner finance the property and my terms where 80 ...

Looks like the IRS dictates that the seller who sells on terms has to declare the minimum rate (I believe it varies but is around 3%). Which means that if you ask for and get a principal-only mortgage, the seller is g...

Hi All,I am currently looking to invest in this investment property in the Binghamton NY area, mainly to rent to college students. The numbers seem to work, but of course I could be wrong. Any advise would be greatly ...

Would you risk:
Living in SC while having 2 rental properties in MN (one of which was previously your residence)?

Vacancy being my main fear: PITI on 1st = $375, PITI on 2nd = $825

1st Rental cash flows nicely and s...

Hello all!I am looking to begin my real estate property investing and have a few questions. My fiancé and I purchased our first home last year in West-Central Texas. It is a 2 bed / 1 bath with 900 SF. I would grade t...

Hi, my question may be a rare one. What will happen if my buyer pays me off early. My buyer hinted at paying me off early, so let's say my buyer pays me off in 2012, right after buying it. I know it won't happen, o...

HI All,   I had a property mortgage free and Owner financed it Dec 2020.  Capital gains are deferred.  However somehow the buyer just sent me a payoff in June and that will be a large amount of change dropped into my ...

Hey all - first post and didn't find an identical topic so here goes:

I have a rental with a great tenant who I've had for almost 3 years. We really want to sell the place, but mostly want our tenant to buy it (she's...

I need to know how to structure the deal as far as the forms and contracts I'll be needing. the owner doesn't owe a mortgage. she has agreed to owner finance the house to me in exchange for a higher purchase price. ...