Keith Olson
First rental property advice
We are about to close on our first rental property. My questions is do I install central heat and air? The property has window units and I was wondering if we should invest in central heat and air right away. we plan ...
Michaela G.
Canadian seller of U.S. property - tax withholding
I'm supposed to close on a SFH in Atlanta on Friday, that is owned by a Canadian seller. She got screwed over by an American investor, who sold the house turn-key, but never finished rehab. She paid US$ 60,ooo.I'm buy...
Daniel DeMarco
Rent to own question?
I am thinking about purchasing a house for one of my tenants that needs a bigger place and wants to own their own property. I am thinking of buying a home, renting it to them on a rent to own basis for three years and...
Account Closed
Is there a market for land contract?
I am a wholesaler in Tampa, FL. In my marketing I got a lead that is a land contact. It's a mobile home in about 1/2 acre of land in Marion, Ohio which is apparently about 30 minutes from Columbus, OH. The owner owns ...
Jeff Fairchild
Buying subject to then selling on land contract
Ok, so what are the pitfalls to buying a property subject to and then offering owner financing and reselling it right away for a higher price and higher interest rate? Ex.
I have one now w/ $127,000 mortgage, $759/m...
Joe G.
absentee landlord: Keep Renting or Sale
I am trying to decide if I should keep renting a home or if I should sell it and invest the equity.Below are basic facts and then concerns I have.3 Bed 2 bath rancher with one car garageFenced in backyardBuild in 1997...
Thanh Nguyen
Dodd Frank and Lease Option!
I keep hearing all this crap... So will I or Will I not be able to do lease options and subject 2s with the DOD frank laws changing?
Tamara Deering
7 terms you should know when talking to a Lender
If you are new to borrowing money to fund your investments here are some terms that mortgage brokers and lenders commonly throw around without any explanation. I did not list them in any particular order. If there a...
Account Closed
Doing Wrap Mortgage
If i do a subject 2 and seller financing, do i give the title to the buyer and lose my advantage in depreciation, tax advantages and appreciation/equity? Then does it go the same with lease option?
Steven Cosby
Taking Over Payments
Good evening everyone. Hope all is well. In the state of NEW YORK, what is it called when you “Take Over Payments/Existing Mortgage”? Land Contract, installment agreement etc???? Also are mortgages assumable in New Yo...