James Gravitt
Selling Notes/Tax Man
If I've turned over a note to a note buyer, who is responsible for the taxes? What if I had the note for 3 months, then the note buyer bought the last 21 months? How does this work?
Pari Thiagasundaram
Which number to use for PV on a financial calc
3 year Loan 33 months remaining. Payment of -$950.67 per month with UPB of $29000. Getting the note at a discounted price of $23000.When i calculate my returns on a financial calculator, which one should be my PV ? (U...
Kim Hopkins
Clear Height Misrepresented in OM - Thoughts?
We're in contract on a small bay industrial warehouse in the Phoenix metro area. We toured it today. It's a fantastic location and 100% leased. Downsides we were aware of is that there's too much office buildout And i...
G Pyros
SFH Monthly Math (Excel)
Hello all, I put together a spread sheet to analyze a potential home. The home is built in 1997, 75k list price but I have the negotiated 70k with 5k to fix (carpet, paint and general clean up) Rent goes...
Kaitlyn Masai
Refinance before or after remodel on inherited house
Hello BP, I have a tricky situation that I could use some guidance on. My family just inherited a house in Marina, California. This house was previously by my uncle and his partner both of whom passed away in the last...
Brendan L.
Upfront repair costs canceling out cashflow for X years
I'm trying to buy my first duplex. I have one under contract, and I'm trying to determine the initial repair costs.I need to decide between keeping the slate roof and repairing year to year, or just replacing. I'm loo...
Mohammed Nasser
Beginner House Hacker Questions
Hi BP Community!I have decided to enter the field of RE investing and I am still extremely new to it (less than a month). I live in an expensive area (San Jose, CA) so the way I would like to begin my investing career...
Harry Shmelts
Seller Financing Family Sale - How Can I Purchase a $400K Home for $275k from Parent
Hello everyone,
I have a unique situation regarding a real estate transaction within my family, and I'm seeking some guidance and advice. I hope you can provide me with some insights or share any experiences you may ...
Michael Jones
creating and selling notes on flip houses
I understand the basics of note investing but with part of my business being to flip properties is there an avenue to buy, fix and put together an owner carry note to sell immediately and force an extra bit of profit ...
N/A N/A
unseasoned notes
I'm glad I found this topic...I'm sure a note guru can give me answers.
I currently do short sales (buy preforeclosures by discounting mortgage) and sometimes the discount doesn't give enough spread for me to buy the...