Hello BP
I am in contact with a potential seller that has under 20% Equity in her property. I have not seen the property yet. But from our conversation it seems like the only thing it needs is new flooring and touch...
In 2020, we took on one of our most challenging deals in Hudson, NH, where a woman reached out, desperate to sell her home and escape a troubled marriage. She’d recently moved out, leaving her unemployed husband in th...
In the last year I've had 2 previous tenants inadvertently send packages to my rentals. The current tenants have been good about saving it after the old tenant called and inquired. I then call the current tenant and m...
I had some funds remaining in my self directed ira and wanted to see if this would be an acceptable transaction.Here's the scenario:Tyler's (me) Ira lends 50k to John (made up individual) via secured promissory noteJ...
Hello all,
My brother and I are debating whether to partner or not on a SFH REO deal in my area. He lives about 1 1/2 hours from me. He will be getting a traditional loan through the bank with 20% down payment. He w...
When doing a JV deal where 2 parties are each paying half the downpayment but only one party is on title, what is the best way to arrange the funds to keep the lenders happy?
I understand the downsides to doing this, but has anyone sold a house with an existing loan on a contract for deed? I'm about to do my first one and I want to know if after I complete the contract, if at some point I...
I’m considering partnering with a number of property owners i know as developer for spec and small apartment building projects between 4 and 12m and would need advices as to how to structure these kind of deals.This i...
Is it possible to move money from a Roth IRA and a 403B account into an investment property without early withdraw or tax penalties? I have around 15K in several different funds that I believe would serve us much b...
I am renting my 4 br townhome. A group of 4 roomates want to rent. 3 of them have good credit history but one is very poor (~490). Rest are >750.The lease would be standard California lease. I believe this means ea...