Mauricio Ramos
Tax advantage on interest only?
Hello BP,I am working on a deal with a seller willing to owner finance a 6plex. As part of my terms, i am asking for 12 months interest only at first and then start paying off the loan to the seller with interest. The...
Nathan Yee
Refinancing an FHA loan: MIP removed + Cash-out Benefit?
Hello BP Community, I'm considering the loan type I want to use for the purchase of my first property. The FHA 203K looks to be the front runner. With a future buy and hold exit strategy in mind, can you cash-out refi...
Mishal Ahmed
Capital gains tax in Georgia
I have a property in Atlanta, Georgia that I am about to sell. I used to live in this house for 5 years until I moved out of state last year. Because this was my principal residence for more than 2 of the last 5 years...
Greg P.
Looking for help analyzing a deal please
Hello, I'm brand new to notes and wondering if these look like good deals.
Non-Performing -
#1 - Principal Balance - $30,062.77 at 11% purchase at $8k - ARV - $135k
Performing -
#2 - Principal Balance- $155,7...
James Swift
Oregon licensing question
I am having a little bit of trouble navigating the Oregon licensing. I am looking into getting licensed to both manage properties as well as conduct sales. However in that state of Oregon the broker, Principal Broker ...
Account Closed
Re: commission split
Hey all,If an agents name is on a listing with the corporate/principal broker, is it assumed that your the one receiving the commission, and the principal broker is like the "house", or the principal will split the co...
Rich Weese
Before Balloon payment becomes due
There was a previous thread about this same subject. What do I do when my balloon becomes due 10 years down the road ? There were a lot of responses and the consensus of them all listed the following choices:
1. Sell...
David Cam
Accessing Equity in Personal Home (HELOC)
Hello, I have another question regarding accessing the equity in my home to purchase my second income property. I'm leaning towards the HELOC option to use as a down payment for my second income property. Any thoughts...
Brian C.
Cash-on-cash return AFTER the first year?
I'm trying to find a calculation to help me compare a rental investment property to a stock / mutual fund investment. I've read that rental property CCR can be directly compared to annual return % of a stock inves...
Gerald L.
Legally suppose to disclose relationship in CA?
1. Are you [i]legally required by the Department of Real estate to disclose your relationship with the all parties of the transaction. I know that the California Association of realtors has a form but is this form req...