Jonathan Toruno
Owner financing help
Hello was wondering a couple things? Would you try to convince an on market deal into owner financing? Also what kind of terms would you try to use to convince a owner to finance? And are you allowed to rent out and e...
Jay Mack
Newbie getting into Real Estate
Hey guys, I'm looking to get into real estate soon, my problem is my wife and I are looking to buy our home this year. She is not really into the house hack idea, so my question is should I buy my personal home first ...
Sean N.
Should I sell now and lose money to save more in the future?
I currently have a SF rental house that I’ve owned for about 6 years. It’s worth 180 – 185ish and still owe 126k. If I sell it, roughly how much would I have left after listing, fees, commissions and taxes if I don’...
Dan Costantino
Tax implications on owner financing
I have a seller that wants to sell me a house for $240k. He paid $90k. There is a $200k HELOC on it which they used to build their $600k house which is free and clear...technically. I am trying to convince them t...
Jared Ryan
How does an inexperienced buyer get a commercial loan?
Hello BiggerPockets!The motivation behind this post: I realized that if I sell my current home, I could have around $150k to invest, so I'm investigating the best possible usages of it, and if I could achieve financia...
Kirk Berryman
Buying Southern California Multi-Unit from Current Landlord
I am looking for some creative advice on how to purchase the house I am currently renting.Here are the details:4 separate units - 1 lotzoned/licensed for 5Gross rent = 60k/yearAsking price ~ 800kI closed on my second ...
Bill Gulley
ROI......A FRAUD?
Hi, just got a call in the Dallas area asking for advice. Seems a company called ROI, a business consultation group based in IL. convinced someone that thier business needed tweaking. Basically, some guy worked a few ...
Wen Guo
Remove illegal occupants
I have a rental, as when I bought it the addition was unpermitted, I bought it, after 2 years, I removed all the tenants and tried to legalize the addition. While sitting empty waiting for permits, someone went in a f...
Chad Chiles
Raising Rent after Purchasing Property
Does anyone have good strategies for raising rent on a property that is under rented once you purchase it?I've come across multiple properties that I want to purchase that have leases signed out for over a year. Can ...
Dan Beaulieu
Seller Financing on a probate property?
Hey Everybody! I have a question concerning probate homes and how to convince sellers to seller finance. I have a potential deal in the works, and the sellers have inherited a lake house that is a PRIME candidate for ...