I have clients who own a lot worth $200K, and they have a $120K balance on the mortgage. We got an offer from a buyer for $200K, with these terms: $30K cash down paymentInterest only owner-financing at 5% for a 12 mon...
I've heard some great arguments on both sides of the aisle, for and against the practice of charging your tenant a deductible for home repairs. On the positive end of the spectrum, it would seem to be a great dete...
✨When you buy an apartment building with a syndicator, you are not buying real estate. You buy are buying a security. Yes, a security. Sound strange? Perhaps. The reason you buy a security is that the syndicator creat...
I am selling a rental home to my tenant. He is getting a conventional 1st mortgage and is using all of his savings for the 10% down payment. He would like me to loan him $25k as a 2nd note the day after closing so he ...
Is Earnest Money mandatory when doing Wholesale Deals? Would closing a deal in (2) weeks from the signing of the contract be an incentive in exchange for no Ernest Money down ? Earnest Money has to be returned to the...
Does anyone have some input on putting a property on Section 8, I've heard good and bad things....Please advise...Thanks
Hello I had a question, my father passed away a few years ago and left us two rental properties in Virginia. Both properties owned free and clear by our mother but my brother has the power of attorney. We are trying t...
Hi all, need some advice from you seasoned investors and anybody with legal knowledge/background.
I have a good opportunity for a 2-family home. The owner however reported that since he raised the rent on bo...
I am attempting to streamline my offer process. I want to be able to see a property and email the owner an offer straight from my car. Help me fill in the few bits that I haven't quite figured out yet. I can use my ph...
Is it possible to my solo 401k to co-invest with my daughter's SDIRA? I wasn't sure if this was prohibited as neither of us benefit, only the retirement accounts see a return. I'm wanting to open an SDIRA for my child...