I want to lend my friend >$50k so he can buy a property and flip it. All risks aside, what are the tax implications to consider? Interest income will be taxed but how about the initial tansfer of money or when my f...

Has anyone structured one of these? Do you have a contract that you've used? I'll run it by my local attorney of course. Basically -

I can buy a property that I've leased for the principal balance at time of executi...

How can I find out how much is truly owed on a foreclosed property. The foreclosure schedule shows me the final judgement; but is that enough information?

I don't want to purchase a home for what I believe is a good...

I am trying to figure out if I can afford a deal.  I have put these numbers through a few different calculators available on-line, but want to be sure I am figuring this correctly.  I have a private investor (my frien...

What are the gain or tax implications with selling my wrap note?  I'll provide an example to explain.  Lets say I get into a rehab project.  I pay 40k for the house and 20k for the repairs and eventually refinance int...

Hi,I am new to the bigger pockets community and have found someone that is willing to loan us money based on these terms:Loan Amount: $1,000,000.00Loan Duration: 20 years.  Type of Repayment: Interest Only Monthly Pay...

Yesterday I closed on my 8th rental unit. Its a 900 ft 2/1 that I bought for 54k, it's probably worth 70k as is. Terms were 5k down, and $450 principal-only payments till its paid off, so a little over 9 years. The fi...

Hi All - I will keep this facts only with bullet points:
Currently on a 30 year fixed at 3.5% that began June 2016 - I owe 546K and change. New Loan is at 510,400 (Confirming limit for county) - 30 year fixed rate o...

My property manager just lost an eviction. It's a long story but the short version is that they did not have a properly formatted Pay or Vacate notice. I now owe opposing counsel's legal fees of $1750. Should my prope...

I am working on a commercial deal with owner financing. I believe I will work with a title company to set up a note. How do I set up a way to track payments, interest and what is still owed? The owner is an old timer ...