In 2021, I purchased 3 residential properties through a single land contract deal (2 SFHs and 1 Double). The sale was 121,400 @ 2.5% for 10 years. This breaks down my mortgage payment to be around 1,200 a month, with ...
I was wondering if there was someone who has insight into how you can essentially become the "bank" for Pre-forclosure homes? How the process works, what all is involved, and the pros and cons? Or, if you just want ...
I am trying to navigate the fine line between what is legal and not...lets say you have a multifamily property, and one family is responsible and clean, while the other lives in a disgusting pile of crap inside your u...
Hello BP Community
I have a question and hope to get as many answers and opinions as possible.
Has anyone registered an LLC but elected to be treated as an S corporation? I have read about this in many sites and a...
What is the downside to buying a property subject to an selling on lease option? What must one do to protect themselves by doing this?
Hi everyone,
I have had multiple offers from family members to go in 50/50 on a house.
These would be all cash flips.
Sounds great having the backup but does this ruin relationships if things don't go as planned?
I've been a landlord since 2005 and in the time, in spite of some bumps, I've enjoyed the proves of acquitting properties & providing quality rental units. The bumps have consisted of moving folks along, either b...
All, looking for some advice on what to do
Primary - 725K at 2.875%- 30 years -70% LTV
Rental - 215K at 2.5% - 14 years left - 35% LTV
With the state of affairs, it is basically no cash flow on rental with all exp...
Market in northern Virginia has been HOT. Prices have been up-up-and-up all around, but we lucked out and picked up two really good deals in northern Stafford and Spotsylvania this month, both for sub 100k. Not flippi...
In the spirit of holiday gift-giving. How many of you here give gifts to your tenants and why? TIA