Bob O'Neill
I need information about selling my home and financing part of it
Hi Everyone,I need a little advice. I am selling a single family rental property for $189900. I have an offer on the property for 185000 but it will be broken down to $165000 cash with me holding paper for the $20000...
Carrie A.
Home owners insurance on a duplex
Holy crap!!! I'm going through with my first deal. It's a 2/1 duplex with a carport. Got my first insurance quote! Wowzer!!! $1700.00+ per year!!! AND, they are super concerned about how much experience I have wit...
Curt Smith
Rehab in small towns, no contractors are insured, my protections?
Hi Rehabbers, I've rehabbed over 40 rentals in Atlanta to smaller towns around the state. Few contractors had their own insurance, with the exception of the roofers I hired. In small towns when you put up a craigsl...
Chuck Brickman
Contractor Liability Waiver Form
I understand that the "gold standard" is to ensure every contractor has liability and worker's comp insurance and that I have renovator's insurance on the rehab property.
That being said, what are your thoughts on e...
Joseph Medina
WARNING! Biden's Tax Plan: The Investor's Worst Nightmare
IRS peeking into your income, Realized Cap Gains Increase, UNREALIZED CAP-GAINS TAX, DEATH OF THE 1031 EXHANGE AND MORE!!!
(I AM NO CPA AND THE FOLLOWING ARE MY VIEWS BASED ON MY INTREPRETATION OF THE ATTACHED DOCU...
Mike Lowery
Purchasing Property with Seller Carry Back as Equity Instead of Debt
Hello BP Community! I am sure it has done before and I am not thinking too outside of the box, but in starting to structure syndication deals, it dawned on me that if you could find a seller willing to carry back some...
Deryck C.
Which mortgage should I pay down first?
Hi investors, If you can pay down a mortgage, which one would you pay down aggressively first, a rental that has high appreciation and little cash flow, or the rental that has a higher cash flow but little appreciatio...
Jasmine Wilkes
how do you get gap funding
im about to purchase this property and trying to find gap funding for an amount under 20k
Chad Ballard
Working with a Bank with Seller Finanacing
I am a bit surprised that I am having trouble finding a bank (bank, local credit union, etc will all be referred to as the bank) that will finance a deal and was looking for some additional insight.
I have a producti...
Tim Anderson
Insurance question
Hi. I recently got my first rehab home under contract and am wondering what type of insurance I need to get on it. I've read 5 or 6 threads on it already on BP, but I was wondering more so about my specific situation....