Sam M.
Is there any reason not to pursue a SS where others have tried?
I just spent an hour talking with an owner 2 months from foreclosure. They have had 2 people try to work their SS magic to no avail. I believe the last one was another investor in the area and the owner shut it down...
Joon Kim
Seller asking for 100k on top of asking price for STR business
Looking to purchase my first property for STR and looking at an existing STR business.The seller is asking for 100k on top of the asking price for basically the right to continue using the property as a STR as well as...
Russell Goldenbroit
Rental Property Tax Savings for the Passive Investors
Hi Community Newbie to the community looking to get started in rental properties. I've heard of people using rental properties to lower their taxable income but I'm not clear how this is possible. From what I'm gath...
David Robertson
Potential Flip-seller wants cash only offer!?
Background: I am still looking for my first investment property. I have found a 3 bedroom, 1 bath for approximately $30,000 and I think it can sell for around $80,000 to 100k with ~20k in renovations. It is a 1.5 st...
Alex R.
Financing with a short sale on your credit
Hello BP,I am interested in purchasing a duplex in Miami. My situation is as follows:My previous deals have been all cash but now I would like to finance my next deal.I have a short sale that closed early 2012. My cre...
Kenneth Garrett
How do Banks look Self Employed (1099) v. W-2
I am a W-2 employee and have no problem refinancing my rental properties from private lenders. One day I plan on being self employed with RE Investing as my full-time career. What impact am I looking at from lenders...
Aaron Cheatham
wholesale short contract
Hello.
Here's ny situation!!!
Is there anyway someone can.send.me your buyer and selling contract for wholesaling homes? I.have a real estate attorney and he keeps insisting I use the PA realtor contract. It's about ...
Nazimuddin Basha
Strategies to Combat Negative Cash Flow Due to Property Tax and Insurance Increases
Hey everyone,
I’m looking for advice on an issue I’m facing with my rental properties. Recently, my property taxes and insurance costs have increased significantly, turning what was once positive cash flow into negat...
Aja Stout
What’s the best method/option to look for a foreclosed home??
I’d like to know what’s the best place I should look into when looking for foreclosed properties to purchase, and possibly rent out. Thanks a bunch.
Ted Klein
Needing Advice on Sellers Request for a Cash Deal
Hello Fellow BP'ers,I'd like to reach out for advice on a potential deal I have found. I have ran the numbers and it appears that this is a good deal. This is Two Townhomes sold together as a DUPLEX. Each unit is 2 be...