I have a possible 10 property deal that the seller is willing to do subject to existing financing. The primary issue is even though there is positive cash flow on the 10 properties the existing debt on the portfolio ...
Hi guys, I've been trying to understand the tax implications of different entity types. I've developed a really short, brief model of how an S-Corp would be taxed, provided that it is 100% comprised of rental properti...
Hello everyone, I have encountered a very motivated seller in my direct mail campaign, and she is open to creative finance strategies (in fact she prefers monthly income over a lump sum) - this is exactly what I've be...
Hello all, I am new to wholesaling real estate and I just received my first call from a motivated seller and the seller is not a resident of the state I am working in (South Carolina). There is a person currently livi...
We are planning to turn our primary residence into an STR at the end of this year and are looking to take advantage of accelerated depreciation if we can meet the REPS requirements. To my knowledge I believe this is p...
Within 1 mile radius of each other? So lets say I come across a comp that matches everything to the subject home, but it is 1.10 miles away and another comp is .39 miles away but it is not an exact match like the oth...
Subject To and Wraps are very similar and yet, very different.
Subject To & Wraps share these characteristics
You are taking over payment of the mortgage and transferring the property into your name...
Good AfternoonA friend of ours owns a note on a property which is going to foreclosure soon in the City of Alexandria, VA. We are locals an know this area to be super hot, but our friend is wondering if the Foreclosur...
Hello everyone,
I have a quick question for those who have experience with creative finance and seller finance in the same deals. Would any of you be willing to connect with me, so I could ask you a few questions and...
Hi Everyone,I am about to close on my first investment property (singe family home) that I plan to hold and rent out. Very excited.I have one partner going in on this deal with me and we are planning to set up an LLC...