Brian Willie
Re-Selling A House Currently Held Subject To As Subject To
I have a house in TX that I own subject to. I'm looking at possibly re-selling it. Are there any restrictions on re-selling it also as a subject to to a new purchaser?
Dina Fantegrossi
What kind of agreement should a flipper get from their investor?
Hi there!I am hoping some more experienced flippers and/or investors can help me out on this. My husband and I have an out of town investor who completely funds our flips. We select the homes, attend the auctions, d...
Coco W.
Help me get out of this bad investment
Ok BP, I have a sticky property I'm not sure what to do with. This is my first time asking for help so bear with me.
My mother had purchased a house in Houston 3 years ago at an inflated price (around $100k cash), i...
Aaron Thivierge
Have an amazing cash flow multifamily to buy but there one problem
Hi fellow BP nation, I would like your opinion on this scenario. I am in discussion with a seller right now on an 8 unit property: (4) duplex's. The numbers work, and are as follows:Purchase price: $340,00025% down...
Manson C.
$25k Passive Loss to Offset Ordinary Income
Hello. My adjusted gross income is under $100,000, and so the passive loss (including phantom loss from depreciation, deductions from mortgage interest and property tax, etc.) from my rental properties will be offsett...
Jon O.
Best Long Term Returns - Hold or Sell Investment Property?
Hello,I would like your help in analyzing the long term investment potential of either A. Holding the rental unit or B. selling it and diversifying my assets.Background: 3 Years ago I decided to hold onto a condo I ow...
Nico Savoia
High school senior in Pittsburgh... What's the next move?
I am currently an 18 year old high school senior in Pittsburgh PA! I have been reading and listening to every bit of information I can gather right now so I can make an informed decision on my next move. I have gotten...
Sean Salandy
Danger in Using Home Equity Line to Purchase Real Estate
I am planning to use my home equity line of credit that I received on my primary residence to put a down payment on a rental property. During the application process for the HELOC, I told the bank that I would be usin...
Mark Sanchez
Handling principal payments & depreciation on a non-cash flowing property at tax time
Hi all!
If I had a rental property with exactly zero cash flow at the end of the year (after paying for mortgage/escrow/insurance/maintenance/etc.), would some of my depreciation expense shield the funds that were us...
Benjamin Sawicki
Tenant moved out 6 months early and left a trashed apartment - best course of action?
Hello all, hoping for some advice on a recent situation. A tenant I inherited when I bought my place (who pays 50% below market rent, and no security deposit or last month's rent via previous owner) just informed me w...