I live in California and am looking into purchasing a single family house in the Denver area. I have shortlisted 3 Denver suburbs(Littleton, Highlands Ranch and Parker). I identified these suburbs primarily because o...
My wife and I each have ~$100K in our Roth IRAs and we would like to explore individually buying turn key investment properties using a self-directed IRA; however, although I've read quite a bit about this investment ...
Im thinking of doing some wholesaling in San Francisco does anyone have any experience doing that there my profits are just to thin to keep wholesaling here in South Carolina. Thanks
Hello everyone. New to this site. I have some questions. I want to wholesale deals and assign them to a buyer, using either an Assignment Agreement or an Option to Purchase agreement. I want to use a realtor to find...
Hi, BP friendly names and faces :)Long time lurker, first time poster.How often does one have the opportunity to help out a seller without profiting from a sale?SO.. Here's what I did today:I got to make a cash offer....
What is the tax treatment for the different income streams from Lease Options? Is the Option fee self employment income (business income) when rec'd by a "future potential buyer"? Can the monthly income be "rental i...
I am looking up some houses to fix and hold (rent) and I am doing some analysis, but there is absolutely no way to get a deal which fits the %2 rule.
Here is an example:
http://www.zillow.com/homedetails/2911-Nels...
I was the highest bidder for second mortgage auction. What should I do with the first mortgage lender ( senior lien) that is going to foreclose at the property next month. How can I stop the foreclosure sale? I don't...
Economic Update
(Monday, November 23, 2020)
When COVID-19 arrived, all of us were confronted with an unexpected pandemic that upended the plans we had for 2020. But the pandemic is only part of our story. Whe...
I am simply beside myself. I am VERY new to SC...and about to put in an offer on a home only to realize the HOA forbids ANY home businesses of ANY kind. My career is in family based home child care (6 or less kids)......