I'm wondering what kind of "sales pitch" anyone uses while looking for a good seller financed deals. How I understand it the biggest pro would be passive cash flow and having your capital gains tax bill spread out ove...
Had 5 different units that had oil stains last week. I tried three different ways, just made it worse. My wife got the following. You just pour then brush to spread over site, no muscle, just spread. Then leave till i...
How would I analyze a deal looking at using subject to and a note for the seller, vs just wholesaling the house.
my thoughts so far...
wholesale = $5k (assignment )
Selling L/O = down payment + cash flow spread 1 or...
There is some mold behind the baseboards due to water intrusion and I've been advised to remove all the baseboards and clean the mold behind them. I was advised to use a "biocide" but later I found that seems to be a ...
I have a multifamily house in NJ. My tenants both complained about cockroaches, but the first floor tenant said she also has bed bugs. Knowing this, the cost will be incurred by the landlord. However, should I pay for...
BP-I currently own one rental that has increased in value substantially. It’s low maintenance and I have a great long term tenant. I’m now considering pulling out some of the equity (around 200k) and buying another in...
Good morning Everyone!!! We are just starting out, and would like to see if there are great people to help with questions. We were referred to this great forum. We think it's awesome! So say for instance, we would lik...
I have enough equity in each to buy four apartment complexes, and this doesn't even count liquid cash on hand. I've heard the financing for commercial real estate isn't that great though, balloon payments, refinancing...
Looking to purchase a rental property for $330k, leases are already in place for the following year and rent roll is $3200 per month. At 25% down I’m looking at roughly $2300 for principal, insurance, and taxes per mo...
Hi there, my husband and I have found a small multi-family that we are interested in. It sounds like the owner might consider owner financing it. Can anyone share some insight on what terms would be appropriate? We b...