Nate McCarthy
Multi-party investing deal structure for BRRRR/House hack
My sister-in-law has found a house in their neighborhood that has been vacant for years, and lo and behold, the owner has passed away and the heirs are looking to sell. Lots to be figured out in this deal but let's as...
Grayson Grzybowski
Having trouble understanding something
Can someone break down what the purchase price of a home is?A) If a house cost 325000 and I go get a loan from the back for that much, is that the purchase price? B) Is the purchase price the cost of the home after th...
Tyler McDaniel
Need Tax/CPA Help! [Investor Money]
Hey Everyone,So I have a few private money investors that want to be part of my deals. We are going to structure the deal where they loan the money and get interest until the sale or refinance.We want to hold the mon...
Juilo Ortiz
What to do with Grandpas house?
Hello,
My grandpa has a home in which he still owes 130k and is worth about 200k as it stands and alot more with a little rehab. He has asked me to help him refinance the house to my name, as he is no longer able to ...
Liana Hedberg
Should I get a 4th meter on my triplex?
I bought my first triplex in Luck, WI 1 1/2 years ago. Each unit is metered separately which is great! However, I am the only one that has access to the basement (this is where all the utilities are). In the winter...
Matt W.
Possible 1031 trap/backfire?
Hi BP,
I've heard different answers about 1031s so I'd love some clarification: (using simple numbers and assuming I hold for 2 years, leaving out depreciation and selling costs, and making the differences in purcha...
Carlton B.
Funding Flip with Family loan
Securing hard money loans for flips has become more and more expensive. So I'm exploring the option of involving family members as investors in my next flip, borrowing funds from them at a 10% interest rate, resulting...
Account Closed
Retiring Early on Real Estate with a Solo 401(k) or SDIRA or Pension
If you are in the corporate world and are tired of having to go into the office or having zoom calls in your underwear with a nice shirt and tie on or if your are self employed, what are your options for retiring earl...
Jonathan White
Appraisals before refinancing???
Curious if anyone has an idea on the difference in appraisals values of a property in mint condition or one that is so so. How much difference will it make on appraisal value if one spends time/energy doing allot of ...
Joe Coyne
Off market opportunity - need advice
I've got an opportunity to purchase a deal off-market, fresh out of probate. I know the property quite well as it is next door to a rental property of mine. The new owner of the property (seller) seems willing to do...