Mike Cartmell
Where to go next if option is not exercised?
I have a tenant/buyer who will not be exercising her option. I have already extended her lease once and have told her that I will not do so again after this lease expires.
She is a great tenant but my overall goal...
Roger Devore
HELOCs (home equity line of credit) in 2018
I read many posts on HELOC (Home equity line of credit) this and HELOC that but I want to know is the mindset for the use of HELOCs in 2018 and beyond. I read the tax law and my opinion is that a person can not claim ...
Walter Correia
Raising Capital for multi family apartments
Anyone know if there’s a section in BP where investors can share their deal with other investors for consideration?
Theodore Rivera
Buyout of partner on title in Texas
Hi All,I have a question regarding removing a partners interest on a property. One of the partners wants out of the recently purchased property that was purchased by 50/50 interest. The first partner will be buying ou...
Patrick Roane
1st investment property: schedule E
Hey everybody,
I just registered as a member here and I'm excited to contribute all I can. I'm a Sub2 investor and so far, my experience has been great. I am prepared to file my own taxes this year and was wondering ...
Eric Boshart
Private Money Lending Structure
Hi BP Community,I've been lending informally for the past couple of years to family and friends on fix-and-flip deals, and I am now looking to formalize it i order to raise further capital and grow a sizable book. Aft...
N/A N/A
Can it be done?
I have been reading the discussion forums for a awhile and along with all the information that this website provides, it has given me more information than some of the books I have bought
So first of all I just want ...
Michael Myers
Bookkeeping for Master Lease Option
Hey guys, interesting situation here. We just got some properties under a master lease option. We paid the lease option down payment and are taking over operation. We structured the contract in such that we realize th...
Jacob Budzynski
Collecting rent through option agreement
I have an option agreement to buy on a triplex. I gave the seller a down payment on the option, I also keep the rental income from the property in return paying the seller a monthly payment. My question is, since I am...
Tom Tao
Good/bad time to get loan for SFH investments?
Hi,
Recently I am struggling on whether I should get a commercial loan out for some SFH investments. I have a commercial property at 1.6M, and the broker said I could get 1.1M at 6.8% rate.
I am a bit torn as a lot ...