Brian Dvorak
My Tenant Wants to Buy the Property through Seller Financing
Hi,I have a property in Detroit, MI, and the tenant would like to purchase the property through seller financing. I have never done this before, so would like some advice. I own the property free and clear. I'm thinki...
Robert Laird
Cascadia Fault / Juan de Fuca Plate predicted earthquakes, have impact on West Coast Real Estate markets?
Has anyone seen this article? "The Really Big One"http://www.newyorker.com/magazine/2015/07/20/the-r... I know the New Yorker is a bit lengthy to read start to finish, so I included some quotes from the article that I...
Tony Hightower
Question about payment from Property Manager
How soon after the first of the month do you get paid from property manager?Reason I ask is, i am inheriting a PM and am being told they forward funds on 15th of subsequent month. So, June's rent is sent to Owner on 1...
Wendy S.
Incorrect Refinance check
Good day BP Nation.So some of you might remember a whole back I asked for your help to chose between a HELOC and Refi. Based on my time line to sell the property @Chris Mason suggested a HELOC. Unfortunately my lender...
Amir Khan
Figuring out syndication
So I am looking at available properties that I could possibly syndicate (while I am experienced with residential real estate, I am relatively new to commercial RE). Here is a situation:- Property type: bank leased NNN...
David Roberts
Structuring partnership exith with cash buyout
Seeking guidance on how best to exit a partnership mid-flip and the tax implications I should prepare for.Detail and timelineI bought a duplex in January for cash - standard closing with the buyerIn May I let a partne...
Bobby Morton
Wholesaling houses and where does the profit come from in a whole
I am a just starting out investor. I haven't made a deal yet but I've been doing webinars and reading books. My question on wholesaling: Is wholesaling just finding a low priced house and then selling it for fair mark...
Blanca Cortes
Uncertain feeling about irs return tax person and my section8
I'm a Section 8 tenant I got a person to do my taxes I did the non-filers when the first stimulus was announced I filed it twice and certain I messed up. I got my stimulus for 1700 second for 1400 then the 3rd 2800 ...
Parker Stone
American or European Waterfall?
For deal sponsors, what kind of waterfall do you typically underwrite your deals with - American or European? For LPs, which waterfall do you prefer to see in a deal? I'm assuming an LP would prefer a European waterfa...
Sammie Baker
Put Investment Home Under Our LLC?
My wife and I are closing on our first investment property in 2 weeks. We used a bank statement loan given that we are both self employed. We plan to use this property as a STR but it's currently under our personal na...