David Flores
Seller Financing 15% of Down Payment
Hello BP World,Interesting situation I came by on an investment property. The seller is looking to seller finance out 15% of the deal and the remainder of the 5% down payment would come out of my pocket. The numbers o...
Stanley She
Deferred gain is MUCH less than recognized gain, why
I bought a rental property 7 years ago for $198000. Last year, I sold it for $400000. For the sake of simple discussion, let me ignore all purchasing and selling costs. So, my gain is 202000. Within one month of the s...
Sam Valme
Leveraging a "Trust" to make offers through an LLC
Inception (o.o) an entity within an entity!My father owns 8 Real Estate Properties and rambled on for a period of time about how he has everything within Trusts separately. As a cryptic man, my father didn't really go...
Kelby Schimming
$8mil MF portfolio, seller finance, what interest rate?
BP, I am working on a deal in Texas, and I have found an off-market portfolio that the seller is willing to finance. I've done some underwriting, but I am caught up on what interest rate to start negotiations with. It...
Account Closed
Rent-to-own dangers / cautions
Though I have rented accommodations before, I have little experience in Rent to Own. I have a young nephew who is looking to Rent to Own a small home in Mexico, and he is asking me about what kind of contract terms sh...
Sang Yi
Which offers would you choose and why? I'm under contract now.
Received multiple offers in a short period of time. Total of 11 but only 3 really stood out to me.Built 2009. Single story home in TN. Mid 1700 sqft. Used comparables that were under contract and closing soon. Listed ...
Samuel Gates
Should I buy my grandparents house and put multifamily units?
Hello, I have a question about a business decision. My family wants to sell my grandparents home in Los Angeles it will be split between all the kids (grandchildren if the parent is no longer living). They are liking ...
Cheryl Naegel
Capital Gains Indiana
Hi everyone! I just sold my Indiana rental property on December 5. I purchased it in 1994 and lived there until 1999. I then moved and rented it out until 2003. I then moved back in until 2004. It has been a rent...
Daniel Dietz
First Deal - How does it look?
Hello,
I have an opportunity to actually gets started instead of just thinking and planning!
A Professional Flipper who I am friends with that does maybe 6 or so houses a year has one that he is willing to work wit...
Svetlana Kazantseva
General Contractors refusing to quote without them buying materials
Hi all! We have a really hard time finding a general contractor for our repair project in a buy & hold SFH in Kansas City, MO. We hired a property manager after purchasing the house and both contractors they sent ...