Does anyone have experience with reselling a seller financed land or property? (Is this legal?)For example, let's say you get a 10 acre vacant land for $100k but have it seller financed, so it's $10k down and $1k/mo f...
In need of virtual assistant work? Retired P/T Investor with Deal analyzing software and experience. Data Research, Comps, Analysis, marketing, presentations, documents, organization, scheduling.... complete assistanc...
Hey BP Community,Looking for details surrounding Seller Financing.... I'm still a bit confused on how it all works, especially if the seller has no mortgage on the property. What's involved, deposits, contracts, attor...
I've read some marvelous advice here about a variety of topics, so I'm going to ask this question that is puzzling me about the tax deductibility of my rental expenses.I've been told that I can't deduct expenses due t...
Hello,Buying my second flip and I ran into a snag that is holding me up. The property was auctioned off through Homesearch.com and its been about a month and a half under contract. The title company just came back and...
My tenant is a "single mother" with small kids. She has only been there for three months. Her kids father is seen at the apartment often, but she assured me that he doesn't live there and only comes over to help with ...
I'm trying to make sense of what I'm reading about deducting meals. It looks like I have to be on a business trip in order to take the deduction. Is that right? Here's my scenario:
I'm getting ready to take posses...
Hey everyone, I'm getting very close to my goal of purchasing (or at least looking for deals with the intent to purchase!) my first rehab property. I decided to meet with a local attorney that I met at a local REI...
Good evening BP!I have a friend that would like to partner up with me on some fix and flip deals and he will handle the construction as he owns a contracting company. Being Im new to this whole real estate developmen...
Hello all,
I've raised enough private money to buy properties with the goal of rehabbing and reselling. Depending on the details of each house, interest on the PM will be anywhere from 8-12%.
I recently...