Nick Bruckner
Lessons from Anchorage Meet Up, Rents, Water in Anchorage, Mt. View, ADU
It's fun to see investors collaborate and share knowledge on BP and in person. Enjoyed the monthly Vested Alaska meet up at 49th Street last night with investors in South Central Alaska. One investor shared that if yo...
Lucas Hammer
Interest question if paid after the 1st
So I'm in my first ever mortgage (house hack in Chicago) and my mortgage is being serviced by Chase. The due date is the 1st, but on their website, it says that there's only a late fee if I pay on the 16th or after. M...
Michael Delmont
Lawyer Gave Away Money at Closing
I just closed on the sale of a property in IL, which has to be done through a lawyer. The lawyer provides the title company with all of the numbers as to who needs to be paid and what the amounts are. The property is ...
Will Sifert
New to Short Sales / Pre Forclosures
Hi,
I am researching all of the properties in my area that have just began the pre forclosure process. I am not sure if this is the same everywhere, but where I am located one of the first steps the bank has to do i...
Dan Pryde
off market, seller finance paperwork?
I have an off market duplex that I just looked at and the seller is willing to do seller financing.Now what? Do I need to find an attorney to get a contract made up for me? Do I just Type up my offer/terms on a blank ...
Quinn Martin
Private money loan contract - template
Hey BP, Does anyone have a bulletproof hard money loan contract? I am not seeing any in FilePlace. Thanks much!
Anthony Wick
What info do I need included in seller financed duplex?
I have the possibility to purchase a duplex with seller financing. 10-15% down, and then seller will carry the rest of the note on a 10 year balloon (30 year amortization). I’ve purchased SFH’s and multi family, but n...
Angela Kriv
Buying from the owner what to look for. First transaction!
Hello, once again I am here looking for help and wisdom of fellow REI.Seller (it is FSBO property) sent me a contract. Couple things:1. Closing is 10 days from today, is it customary in such transactions?2. The seller...
Julio Gonzalez
Which cost segregation study approach is required by the IRS?
In a previous post, I discussed the difference in each of the most common cost segregation study approaches. You can read about the differences here: Cost Segregation Study Approaches Explained
Let’s first start with...
Sonny Sach
New tax plan in congress
hey everyone,I know it's still early but I was just wondering if anyone has looked into the new tax proposal and how it will affect the single family real estate investor?Thanks,Sonny