Silvica Rosca
Seller wants to sell, rent with option to buy back
Hi everyone. I've been following the podcast and forums for a while now and have question. A seller contacted me recently. He wants to sell me his house, but rent from me with the option of buying it back in the futur...
Dallas Knoll
Renter broke lease. Not giving back deposit of pne month?
I have new renter who broke lease after 9 months. Originally I rent for 1500 month. I have told previous renters I would lower rent if signed 2 year lease. In this case 1400 month. This renter gave me 1500 deposit. a...
Jeremy Cart
Reinvesting trust sale proceeds back into same property with 1031
I am a beneficiary of a 5 member family trust that owns several commercial rental properties. We are all getting up in age and looking to sell the trust assets and close the trust. An investment group wants to purchas...
Joe Prew
BRRRR concept and paying back a hard money, private money
3-part question:1). Is the idea to pay back the hard money with the money we get back from the Refinance part of the deal? If not, how would we pay them back?2). Can we refinance right away, is it generally 1 or two ...
Chris Laird
Best ways to bring capital from overseas back to US
I’m in the process of selling a property in Australia, where due to it being my primary residence previously there is no capital gains tax due (similar to the exception here). I’m a dual Aus and US citizen. I’m now li...
Aly W.
2 tenants, 1 left, who gets the security deposit back?
I rented a FL condo to two women last year, a newly formed couple. They are both on the lease. The lease, which my FL attorney drew up, states that I must name one tenant to whom the security deposit is returned upon ...
Rajiv Nair
How to get earnest money back the day before closing
Hello Folks,I would appreciate it if I get some advice on one of our deals. We are purchasing a 240K property in Mckinney, Texas and are supposed to close the deal tmrw August 6th 2015. However, during the last walk t...
Will Porter
Sellers cash-back repair money on *below market value* house
It's my understanding that using seller's cash-back is fraud when you are inflating the price beyond market value. Here's an example:Scenario 1
FMV: $300,000Sale Price on Contract: $350,000Cash back from sellers for ...
Kenny Lewis
How does pml get paid back from buy and holds
Want to get a better understanding about paying back a pml from a rental property buy. I know for flips that once the property sells that the pml gets paid back from the sale price. But how would I pay a lender back w...
Wyatt Polk
Pay back Student Loans or Save for First Rental Property ?
Good morning Bigger Pockets Family,So I currently have $55,000 in student loans averaged out at about a 6% interest rate. I have been paying about $1000 a month to try and get this down fast, while still saving any le...