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Results (3672)
Allison Escovedo Do I need a lawyer!?
27 January 2019 | 24 replies

Backstory : we entered into a deal that guaranteed us payout over a year ago. We've tried to be patient because the guy we're doing the deal with ran into a bunch of permitting issues. But it's been 2 months since he'...

Kyle Affronti New Real Estate Laws (Again)
5 February 2020 | 1 reply

https://www.nysenate.gov/legislation/bills/2019/s2892Some call it Lease for Life... Also known as Good Cause Evictions...What are your thoughts?3 Part Mini Video someone put together. (Not Mine)https://www.youtube.com...

David Garcia Tax Treatment of Gain from Discounted Note Purchase
3 September 2011 | 6 replies

I own a First Mortgage Real Estate Note with a face value of $90K. I paid $72K for the note, which has a balloon payment in 2 years. Does anyone know the tax implications, if any, when I realize the $18K gain from t...

Thomas Brittingham Partial lien release appraisal question.
9 July 2020 | 2 replies

So my principle residence sits on 4 acres and I have someone interested in exchanging some of my unused portion (1-1.5 acres) for a rental property. My home and land is still under a mortgage and therefore, I have to ...

Andrew White Capital Gain Tax Defer 1031 - Invest in Existing Owned Property
12 April 2018 | 2 replies

I’m selling a rental investment property I solely own (Property 1). I would like to avoid (uhmm...defer) capital gains tax by investing profits in another rental investment I own (Property 2)...basically reduce princi...

Alin Toncz Question about Notes
25 November 2015 | 6 replies

Question is this:Lets say that a homeowner bought his house in 1990 for $200,000 and he kept paying on it until his principal was cut in half, right at $100,000 by January 2015. Since then, the homeowner couldn't affo...

Rebecca Styer Crazy Seller Financing Terms
31 August 2014 | 7 replies

I saw a craigslist ad for a 3 unit for 120K.  I only have enough for about 10% down right now so I asked the seller if they would consider seller finance for three years. Here were his terms:10 yr amortization @ 10%, ...

Ben M. Owner finance offer on my property
29 October 2022 | 6 replies

I have an owner finance offer in my property below and not clear how this would work.1) Are they saying that I will be fully paid in 5 or 8 years? So the monthly payment would change later on? I guess that’s what the ...

Shequann Burrwell deal in the making or no
15 June 2013 | 8 replies

I got a email from one of my craigslist ads. the lady wants to sell her house so she can move out of state to take care of her parents. she has a mortgage in place for 175000 from 2005. her payments are 1800 a month ...

Haseeb Awan Paying off mortgage quickly vs cash flow for salaried people ?
16 December 2016 | 12 replies

Hello, While majority of the people on BP are always championing cash flow, I beg to differ the strategy while thinking long term. I am curious on what other people think of it. Currently I am taxed at 35% of my incom...