I received an application from a family for one of my units today and I am just finishing up the approval. They have several children, one of whom is 18 years old. Should I have the 18 year old sign the lease, or do I...
Is there a cost to from me (the wholesaler) to put a property under contract?
If there isn't any, how is that so?
Group,
I have a property that I own and I have a prospective buyer. I would be financing this property. I need some guidance as to what to do next. Here are the details:
price 35K
buyer would put 10% down
finance 31...
If you default on a loan for a property owned by your LLC, would your personal credit be harmed?
We are putting in a lower offer on a house we've had our eye on and if we get it we'll need to redo the kitchen. Which has been gutted (no cabinets, counters, sinks, appliances, etc.,) So my question is, there is a pl...
I'd figure I'd ask here first before I ask my CPA.I know someone normally has to have income producing job, business etc. From what I understand, rental property income is not put into an IRA. Right now, I have a n...
I will buy 1k bandit signs. But I dont know where to put them. Should I put them on every street? I dont even know if I can. (I'll look at the laws in the area)
My offer was accepted on a duplex and I'm super excited! I will be living in one unit, inheriting a tenant and continue to rent the other unit at $700/month. I was curious to see what your advice would be in regards t...
Hello Bigger Pockets Supporters,
I'm in some need of financial advice. I'll attempt to be brief since there's a lot of info to provide. I recently received a loan (30 year, 3.5% for $235k cash out refi tied to a prop...
Hey BP,
There is a deal I am looking at where I might be able to owner finance. The sellers put too much money in and can't unload. I want to owner finance and then get a mortgage in a year. Has anyone done this and ...