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My partner and I are planning on buying an investment property in Amarillo, TX within the next couple of months. We have enough saved to buy a property outright. We live in NYC but my mother lives in Amarillo and has ...
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And borrow the rest from conventional bank? I was considering raising 20-25% from PML and getting the balance from a conventional bank. Is this one of those cases when I won't get approved due to lack of "skin in th...
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Hello EveryoneI want to learn more from actual people. Does anybody from Minnesota know about any Real Estate Meet ups. I know about the weekly REI meetings in the twin cities. With my work schedule and living 2 hours...
HelloI am trying to find out if one can build a church on a land in Dauphin County, PA, that is zoned undeveloped A4. Where does one start? Realtor is no help to me. If we can't build a church, we want to subdivide th...
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Or would the loan be called due? What if you quit-claim it to the co-owner and remove your own name off the deed?
I need ways to hide an FHA property from a possible personal lien. I guess refinance could be an opti...
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I recently subdivided a property and need to acquire new financing...this is sort of a complex scenario (at least it seems like it to me), so any advice would be appreciated. I'm basically looking for confirmation tha...
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Have anyone been picked for IRS audit upon sale of a rental property?How many years does IRS go back in terms of checking the reported expenses and income, and the accumulated gain/loss over the years? If you read t...
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I bet if you asked 100 people on Bigger Pockets the would not be able to define "imputed interest".
I am thankful to @Bill Gulley to motivate and to write about "imputed interest" re: seller financing.
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Hello Bp nation,After being on the site for a year and educating myself I decide to jump into wholesaling full time. I Just sent out my first batch of small yellow text postcards using yellowletters.com to about 1200...
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Good morning BP! I'm getting awesome feed back to my "Newbie Question" each day and I'm learning a ton! One thing that BP and other sources are driving home for me is that real estate is a business. As a business, ...