Jimmy H.
Structuring Owner Financed Deals
I am in the market for long term buy and hold rental properties. I have the cash to acquire a couple of units but would rather use that cash as a down payment in an owner financing scenario. I do not believe that I am...
Kendric Buford
Assumable Mortgage Scenario (Explain like I'm 5)
I've been trying to wrap my head around assumable mortgages, but I'm not sure I get it fully. Can someone tell me if this scenario is accurate, or explain it like I'm a child?Scenario: (using round numbers so I can fo...
David Chwaszczewski
Setting up a eQRP vs. SDIRA
Has anyone done an eQRP? I am looking into the company Total Control Financial, but wanted to see if anyone has setup up one with the company before. Seems like it may be better control of your money then SDIRA and ...
David McClain
Should I have an agent write up a for sale by owner?
When buying from a house "for sale by owner" should I use an agent to write the deal? The home is being sold to me well below appraisal. Will I miss anything from not having an agent write it up? This is only my sec...
Max Couper
Motivated High School Senior (Soon to be college student)
Hello everyone, my name is Max Couper and I am from the Bay Area in California. I'm super excited to have joined this community and begin to build my foundation in REI. I am currently a senior in high school nearing g...
Eric Lee
Sidewalk trip hazard repair
Hello,The Mesquite city inspector informed me that at my rental property there's a section of uneven sidewalk that is a trip hazard. I know the city has a cost share program for making these kind of repairs, but they...
Pierce Fonville
Subject-to completion loan on a primary residence
I am looking to do the BRRRR strategy on a Primary Residence in DFW Texas but lenders so far have told me that my short term financing will have to season for 6 months and the value will be determined by the purchase ...
Emerson Irias
When and how do I pay taxes on profit from a flip?
Good evening BP, I just flipped my first property and have a question on when do I pay income tax on my profit? And how do I do it? I have contacted a CPA and he told me that I don’t have to pay for two years or if I ...
Ramsey Howard
SDIRA Rental Income
Quick question, purchasing a long term rental through a sdira, how exactly does the rental income get back in the ira? Obviously I haven't set this up yet as I would probably know the answer, just thinking ahead.
Davit Gharibyan
Twin Cities Real Estate Bubble
The Twin Cities real estate market is hot, the inventory is short. On top of that the retail buyers and investors overbid the prices on already low inventory. New construction in the cities seems low also. Could this ...