Arron Paulino
How do Subject To Offers work for the seller? Won't the loan be called due?
Does someone mind explaining subject to offers? I ask as I have received offers from buyers that want to do an assumption of the current mortgage via trust acquisition and provide a down payment due to the seller. The...
Wade G.
Need help deciding whether or not to buy a property
A turn key deal fell into my lap a couple of days ago. I seem to make poor decisions in life and no longer trust my decision making abilities so I would appreciate any feedback. Ten years ago I would have jumped on ...
Steve K.
Question on Cap Gains taxes/ Section 121 Exclusion
Question on section 121 exclusion for cap gains, specifically the timing of needing to live in the property for 2 of the last 5 years. Does anyone know off-hand if that is for the calendar year or exact dates? Assumin...
Steve Hodgdon
Beware Brokers Promising Sunshine and Guarantees
ust had dinner with an experienced note investor. Told me a story of a fairly well known broker/investor who sold him a contract for deed claiming asset value $70k. paid 35k. Note was current. Immediately went into de...
Brett Dufur
How to structure "wrap" loan on three 4-plexes
Hello! I'm looking at an interesting investment, but I need your advice on how to seal the deal.I'm talking to an elderly gentleman in his 70s, who still manages 100+ units(!!). He wants to make me a "sweet-heart of a...
Ryan Brown
Buying a house on contract. No idea what I'm doing.
Backstory: I moved into a house about 4 years ago that was not lived in and in pretty bad shape (but in a good neighborhood in the hollywood hills). I made a verbal agreement with the owner (a family friend) to fix it...
Will F.
Private "Intra-Family" Loan - Secured against RE owned or
Intra- Family loans are just loans between family. The benefit would be lower interest rates for borrower and higher interest rates for the lender (compared to holding money in CD or bank)nerdwallet heres a brief a...
Davido Davido
Neighborhood Cooperates to Rent Abandoned Home. Who Pays Taxes?
In this situation, $60,250 has been collected in rents over a 12-year period ($38,000 net), yet I cannot tell who, if anyone has a reporting or tax liability for the rents collected, or when their liability, if any, w...
Trey R.
Seller Financing / Creative Strategies
I've done all conventional loans up until this point and am seeking a little input/guidance when it comes to more creative ways to finance a property.I am attempting to purchase three homes from one seller. They are ...
Muhamand Wilkes
Land Trusts
Has anyone here used a Land Trust? I would like to use one with a fannie mae mortgaged property in GA if it really alllows you to move it under an LLC w/o triggering due on sale