Hello BP,Would any RE attorneys/someone who has experience in this Seller Financing process to help me verifying if the below TERMS are okay for my side (Seller)? Just a little background, the Buyer will put 50% down,...

I need help understanding real estate taxe benefits

Here is an example

purchase price 550k
down payment 55k (owner occupied) 10%
interest rate: 3%
amortization: 25years

monthly payment - 2415.19
1250$ a month t...

Are all holding costs deductible ?I'm referring to rehabbingI know the obvious like interest on loans, etc,But what about things like the electric bill ? Or even lawn maintenance while it's being rehabbed ?Water ?

In the process of getting our STR ready for next season to begin renting in March 2021. We’ve been spending quite a bit of money updating but I just realized we won’t be able to claim these expenses in 2021 when it’s ...

Researching the Brrrrr strategy and wondering why the first purchase loan is through a Hard Money Lender, relative, or personal cash and not a conventional loan?  Is the strategy still possible with a conventional loa...

We're looking at a property that's bank owned and has been vacant for 3 years.  The house is in such bad shape that the insurance company recently made the bank replace the roof.  The bank declined our offer with no c...

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $80,000

Cash invested: $72,900

We have less than 2 weeks left in our fix and hold project in Pittsburgh, PA. The s...

I am a landlord in Coachella, CA and rent my house room by room. I have a tenant who paid through Venmo several days ago. The money has completely gone through to my bank without issue.However, he is asking for the mo...

I rent to students around a university. It is mid year and this tenants mom (co-signer) wrote the following note;I am writing to formally request the early termination of my child's lease at location in San Jose due t...

I am a real estate agent in Connecticut. I came across a wholesale deal and have a signed contract. The property is in almost move in condition. If I have permission from the owner of the property, can I list the prop...