I own 20% of a CA investment property. I'm a T.I.C. partner and passive investor. Meaning, the 80% partner is doing everything from renovations and repairs to property management. I do nothing except receive quarterly...
Let me start by saying BP has opened my eyes and i wish i found you guys before i started my REI adventure. With that said, here is my situation. I bought a SFH April 2009 in Grovetown, Ga. using a VA loan $182,6...
Hey everyone!I'm currently looking into the pros of an LLC because I'm going into Real Estate with two other people financially. I know that falls into an attorneys hands as well with legal binding documentation. Does...
Hello,
I'm Starting A Real Estate Business With A Friend, And It Will Be Member Managed. The Entire Business Will Be Rental Incomes. I Know That This Type Of Income Is Not Subject To Fica. Can We Avoid Fic...
Hi!Can anyone recommend an insurance company for a sub to home in California. Im acquiring the home by the end of the week and want to be able to get a trusted insurance company that will not trigger a Due on Sale.Al...
I found a house for 117k owner is willing to do owner financing at 800/mo with a 5 year call. With a down payment of 14k. She owes 103k on her mortgage but wanted 117k so that's how I came up with the 14k down payment...
1.) How do you approach a seller about subject-to financing?
2.) How often do lenders call the loans if it has a "due on sale" provision? Has anyone here ever had that happen in a subject-to deal?
Thanks, and I lov...
I'm looking to use Creative Financing Strategies for purchasing property but all I have is my standard Purchase and Sale Agreement. What would I need to add to this contract to create a Sub-to + Seller Finance + Novat...
Hello BP Community!
What are some ways to go about finding out comps for properties in a neighborhood?
Thanks in advance for the help.
I'm looking at a couple of deals on market and wondering what competitive returns are. Looking at 3 duplexes and a triplex as one property, is 7% cash on cash good? Is it slim? What criteria are y'all looking for to d...