Hello, Here is another deal and this wasn't your typical wholesale deal. I received a call from a seller in their mid 80's in October. I along with my partner toured the property, (my partner is an experienced flipper...
Seller has a mortgage for 125k and wants at least 25k cash as a downpayment. If I give her 25k down and take over the mortgage of 125k then our purchase contract should be for 150k, right (125 + 25)??? Also, how wi...
I'm looking for a tax wonk (CPA or tax pro), of sorts, that can satisfactorily explain a possibly esoteric tax situation to me.
I am an LP on multiple syndications and one such syndication sold in 2021. The K-1 was...
I'm currently working on getting a triplex deal across the finish line. Seller wants to do owner finance, and has given me discretion on terms. All I need to do is have a final number that totals $550k (a high price f...
Hello,
My wife and I have recently purchased our first property, and started our LLC. We have been using our own money to upgrade the property to increase its value. But this limits the amount we can put toward purc...
I just started a mailing in PA but also wanted to sign up to a cold calling service to find motivated sellers. The list they use is for absentee and owner occupied properties in the area. They sent me some of their re...
Seeking info/advice around making an offer on my first investment property....I'm working to get an offer accepted on my first investment property (BRRR on a triplex on a double lot in my local market). The seller are...
Ok so, I found a great investment property but the bank wants too much money up front in order to finance my deal. THE NUMBERS DON’T MAKE SENSE FOR MY BOTTOM LINE. There are real estate agents involved on both sides o...
Hello,
I’m curious because I have heard of doing it two ways. Should I be trying to acquire properties using an agreement of sale and then doing my do Diligence, I.e, inspections, funding, etc. or lining up funds f...
77 feet, cast iron and clay pipe. Home is built in 1952 on a slab. Findings are "Typical Root Intrusion", "Openings or inconsistencies noted in sewer line, signs of settling" recommendations are regular inspection and...