Jim Watson
My first Wrap with Seller Carry Back deal
I'm considering selling my condo to a previous renter.Purchase Price - 380,000Down Payment - $15,000Senior Mortgage- 208,000 @ 3.5%Seller Carry Back - 157,000 @ 2.5%5-7 Year BalloonI approximate the current ARV on ...
Kevin Truong
How to counter offer back to the seller
I have seller want to sale his 8 units apt and asking price are $630,000. The rent for each unit are from $600-$700 all utilities bill pay. Tax will be annually $7200 Insurance will be $6000miscellaneous expense will ...
Brandon Ely
Scenario involving Set Backs, Taxing Districts and Consolitation
Hi all,I have a scenario that I would like to run by the forum members to determine if there are any next steps I can use:In 2014, I bought a small 50 X 50 lot in Coeur d Alene, ID. The purchase transaction was throug...
Jamane Y.
Owner wants to sell house owes back taxes
I was contacted by an owner of a house in poor condition. She owes about $11,000 in back taxes on the property. The tax assessed value of the property is $58,364. She told me it is 3 bedroom 1 bath. 988 sq ft. The hou...
Jeff Piscioniere
International sale to 1031 exchange back to America
I'm honestly not sure what forum category to post this so I will start here, and thank you in advance for any directioning and assistance. My wife's childhood home in the Philippines is now in her name and it is sitt...
Walter Correia
I want my money back from uncle Sam
My wife and I currently own a owner occupied 3 family. We live in one of the smaller units, 2 bedroom 1 bath. We have a spare room that i use as an office sort of. Its where i write off my expenses. How do I know if ...
Chris Seveney
Interest rates are not going back to 3%
I am sure many of you will disagree with me, but I am seeing a lot of posts talk about “today’s high interest rates”I believe there are many of us who view today’s rates to be more of the norm versus the outlier.If yo...
Tom Mills
Tenant backing out 5 days after signing lease.
Hi,I have my first property in NC that I have fixed up as a rental. I spent a lot of time selectinga tenant and thought I had everything ready to roll. Collected Oct rent, and a security deposit. Just 5 days after ...
Adam Joe Wolf Jr.
Paying yourself back the initial investment for LLC
Hello, I am getting ready to make the jump into Real Estate. In June, I will have X dollars to invest in buying a home. I plan to add a home or two every year for the next 10 years. From what I have read, it is best t...
Jack B.
Tenant wants to back out from moving in
Their current landlord will allow them to stay after all due to his own housing situation. They gave me a 2K deposit a month ago. I have nothing in writing other than our emails about the lease and moving in, but he c...