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...
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...
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 ...
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...
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...
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...
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...
hi, I bought three properties 1+ years ago through a turn key company. It hasn’t worked out as I’ve liked so the turn key provider offered to buy them back from me for the same amount that I bought them for. This ac...
I had a showing the other day at my first rental property and i had 3 couples come by that seemed very excited about the property; they all took applications. How do i go about getting the application back from them? ...
Does anyone have any experience with doing a 1031 exchange into a Delaware Statutory Trust?Background: I found a potential off market seller. Older couple thinking of selling there duplex. One thing holding them back ...