Xavier Garcia
Seller tax liability on assumable mortgage
I've heard conflicting stories as to what liability the seller has in a assumable mortgage. I've heard that because the seller is relieving a debt that the IRS would see that as income for the seller. I've heard this...
Ken Cooper
Self directed IRA
I have a small amount of money (15K) in an IRA from an old employer that I have not rooled over. Is there any way that I can put this into a self directed IRA, or is it to small?
Katie Grady
Need some advice on HML's
My husband and I saw a few HML's on the BP site and wondered if anyone has any experience with these guys? If we don't have a "track record" or RE portfolio is it going to be difficult to get short term financing? Wil...
Theodore Ezzedine
First deal, total newbie. Need advice if possible please.
Good afternoon,
I am close to purchasing my first deal. I do not feel as if it is a good deal and I am a little hesitant.
The property is located on Glenmore in Cincinnati. The deal is a 4plex at 260k. Currently th...
Account Closed
Making sweet lemonade, only in California
A house for us to live in turned headache, turned into a $105k flip.So my wife and I bought a house, 3BD 2BA with an attached studio, in Aptos, CA in June 2015. Purchase price $678,000 ($28k over asking), we got a $5,...
Vanessa Ganaden
[Calc Review] Help me analyze this deal - Los Angeles Triplex
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*This link comes directly from our calculators, based on information input by the member who posted.
Yep, here is a Los Angeles deal for you to take a look at. I know LA is a crazy expen...
Timma Kumar
To Buy a home in Pleasanton or Livermore(west)
Is it better to buy a SFR in Pleasanton or West Livermore(which is closer to Pleasanton).Where is it expected to appreciate more?Whenever the downturn happens where is it expected to rebound faster based on todays buy...
Alex Stepanov
Trying to get HELOC on rental property
Hello friends,I am trying to take out a HELOC on one of my rental units (which I own free and clear), and for some reason I cannot find anyone who would be willing to lend. To be specific, I am NOT looking for privat...
John James
Sellers Want to rent from their own home!
Our offer of full listing price in cash was accepted at a Aug 1 closing. One month. They did not sign the contract yet as we were informed they needed time to find a rental so they can move. Three days later the real...
Tony Z.
Need advice with first investment opportunity
Hey everyone. this is my first time posting and I’ve been doing a lot of homework lately. i been looking in Pennsylvania for my first investment property.i came across a property today. 2 family ( duplex ) in a des...