The situation is as such,
Seller owes house free and clear
Seller is offering me 100% seller financing
I'm going through an attorney to get the mortgage note and all paperwork together.
Will the seller be responsibl...

I found this to be helpful in the beginning, hopefully you will aswell ...
acceleration clauseA clause in your mortgage which allows the lender to demand payment of the outstanding loan balance for various reasons. T...

This post serves as a detailed reference point—a compendium of real estate knowledge that delves into the fundamental aspects of this dynamic field.
1031 Exchange: A tax-deferred exchange allowing the sale of one pro...

Today in episode 777, David said something very interesting (and frightening) about transferring a property that has a mortgage to an LLC.He said that if interest rates rise, banks can use certain clauses in the mortg...

Hi! I purchased a contract in North Las Vegas, and have run into a bit of an issue. The property has an HOA lien (which I knew about) but I am trying to get clarification on the law. Has anyone dealt with this recentl...

What are some of the best banks to establish 401k accounts in? I originally used TD Ameritrade as recommended by my 401k plan provider, but they have changed over the past couple of years and are excruciating to work ...

So I know this a long running debate about whether a LLC is worth the trouble particularly due to the well known issues of getting conventional financing for one. Many people passionately encourage having every proper...

Hi. I'm trying to compare some of the private deals mentioned here with public REITs.

Looking up the income statements for Equity Residential (trades as EQR) I find a line for cost-of-goods-sold. What is this for...

Hi guys!I am really scared of this due on sale clause that happens when you transfer your rental into an LLC.So Ive been postponing and postponing doing so with one of my rentals that is more expensive because I am wo...

It's my understanding that if there's a "partial exclusion", I'd use a Form 8949 with Code H...And if it's "fully excluded" and there's no 1099-S issued (which I indeed received no 1099-S), then I'd simply not mention...