Seth Larson
VA to Non owner occupied Refi advice
Im looking a purchasing a multi family in Kansas City. I spoke to the VA loan office and they said I would likely be approved. Being that VA is Owner occupied for the life of the loan, not one year like many people li...
Ross B Adams
Setting up seller finance with balloon payment
Hi there! Instead of listing a property I'm flipping, I want to sell with creative financing to my contractor. He doesn't qualify for a loan right now but thinks he will in 12-18 months. There is no mortgage on the pr...
Saika Maeda
Buyer Agent's commission and tax write off
Hi all,
I'm about to place an offer on a property with an ADU, which we plan to rent it out.
I understand that if I rent this ADU out, then I can have a tax write off on the mortgage payment and insurance payment ...
Michael Melchior
IRA
Can anyone explain how purchasing real estate with your ira(or roth ira) works?
Liz C.
Trouble and greedy tenant
Hi all,
The lease between my tenant and I ends on March 31 st, I wanted to raise $20, he disagree because his say apartment has a lot issues, I say fine keep same rent rate for one year, he say he did not want to sig...
Josh Calcanis
Due on Sale Clause... Ways to transfer to trust or LLC?
BP,I've been searching and there are number of LLC posts. What I haven't found is a way to get similar protection of my assets without putting the properties into an LLC.Here is my issue. I bought the two properties o...
Tom Chen
Dodd-Frank re-write...what does it mean?
Hi BP...In the news recently, the new administration is trying to re-write the Dodd Frank bill. Forgive my ignorance, but what did the bill do that harmed the REI community? How will the re-write benefit us?________...
Jacob Rivera
HOw Do I get my properties into my S-corp
Hey Guys, I'm trying to figure out what I need to do or who I need to talk to help me get property under my S-corp? I am currently house-hacking 1 duplex currently & looking to buy a 2nd before the end of the year...
Kathryn Marchetti
Coverting my SURS into a self directed ira
I was listening to show 49 yesterday (i know its an old show) and Amanda Han was talking briefly about using a self directed IRA to invest in real estate. I just left a job where I am invested in my SURS (state unive...
Mark Nickelson
Can a spouse quit claim a property right before selling?
Hello BP Nation! I am working on a deal where the husband and wife owner/sellers are separated but not divorced, the wife says her husband is on board and will sign the papers but won't let me speak with him which has...