Hello, two of my syndications I invested into with the same provider are going to foreclose. The LP claims that all the equity is lost. Any tips on who to talk to to understand how to potentially follow the foreclosur...
AFTER BUYING MY HOME, I REALIZED HOW TRAPPED YOU CAN GET, I WANT OUT NOW. I'VE BEEN DOING LOTS OF READING AND WANT TO STEP TOWARDS DEEPER UNDERSTANDING FROM PEOPLE WHO ARE DOING THIS. WITH REGARDS TO THE HOUSE IF I CO...
Hi, I am currently house hacking a triplex. It's my understanding that an individual is allowed to deduct up to $25,000 in PASSIVE losses against ACTIVE income if and only if that individual earns less than 100k MAGI ...
I'm looking into getting a realtor license in the next few months and I wondering who a good hands on broker would be to help with training and what not. Back story: getting ready to work 2 jobs to make bills but I've...
A FSBO was offered to me with owner financing, but the seller does not own the property free and clear. What are some different options for structuring this type of deal? I told him that I would want financing for a...
Hi everyone,I want to start off by saying thanks for everyone's knowledge. I've searched a bunch of FHA AirBnb threads on BP and wanted to be sure I'm understanding what I've read so far correctly. I purchased a multi...
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I have a 1031 that completed. The QI received $400K of funds and the LTV of the relinquished property is 37.65%. I purchased 2 DSTs with the funds. DST 1 was for $230K and has a LTV of 46.6%. DST 2 w...
Im working on negotiating a deal and the seller offered the following terms. I need help understanding exactly how this would work out:"Balance between your cash and agreed upon price would be financed at 7.5% with pa...
I have been targeting probates recently, and I heard on one of the podcasts about follow-up letters to the heirs. I am looking for some tips or advice on how I should format the first follow-up later and then the proc...
Hi,We have invested so far in Class C, value add type properties and we received an offer to buy a brand new pre-stabilized property where occupancy is just reaching about 85%.I understand that buying a brand new prop...