Naren Gunasekera
House hacking/live in flip purchase question
I have a somewhat unorthodox inquiry about a househacking/long term live in flip opportunity that I have. I was hoping to explore some options in terms of how to acquire the property.
For the last few years I have be...
Brian Bandas
Thoughts on a Sub 2 deal?
Hi folks! I'm fairly new to proactive, full-time real estate investing, but I love and I'm actively trying to replace my income and move into this as a business. Like most, I started out looking at wholesaling, alt...
Liam Marshall
What is a cash-out refinance?
Ive looked up what a cash-out refinance is and everything I read or watch goes right over my head. If someone would be kind enough to give me a thorough and simple overview of what a cash-out refinance is and when and...
Michael Quang
Subject to Seller recourse
Hello BP,I have a question regarding to subject to deals. What happen If I sell a property to a new investor via subject to. The new investor then sell it to another investor 2 years later via another subject to? How ...
Dave Slaughter
Subject to and Lease option deal structure analysis and help
I have an opportunity that I would like a second set of experienced eyes to look at with me.I am following up on past leads that I did not close.I have learned more since my first meeting with them and think I can sol...
Nicholas Cornford
Help with creative finance
I am looking for some help to obtain a property. The property has a FMV of 1 million and the seller has agreed to sell for 850k. They have an existing mortgage of 688k with no other liens on the property. The se...
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...
AJ Romero
How to help a friend out of an unwanted rental???
I have a friend with a SFH built in 1900 that she and her husband bought 7 years ago for 107K and completely remodeled, landscaped, the works. Her husband recently got a new job 2 -1/2 hours away and due to the n...
Joel Florek
1031 Proceeds Into Existing Assets?
I currently own a fourplex and am working to buy additional buy and holds. My strategy for purchasing forces me to be significantly leveraged in a property. I would like to pay down those debts as fast as possible to ...
Steve Cody
LLC/SCORP/CCORP or what?
Hi Folks, I really need some advice.I have three SFH rental properties now. They generate about 1200 bucks in Cashflow (after mortgages, fallow, etc) total. I am ready to pick up a few more, and really want to start l...