Hi Everyone, I'm exploring this option and wondering if anyone here has gone though it in Ontario. I know you must have a 20% deposit with your tender, however you do not usually get vacant possession. How long and ...
Have an SFR on the market for some time in Upstate NY for some months. Several people have asked me if I would do a Rent to Own. Please guide me where to get input how to do this and what are the Pros and Cons. What s...
I accepted a $10,000 “gift” from my father for the down payment for an investment property. The lenders won’t accept the “gift” money, only money from my 401k which I found out recently that I cannot withdraw because ...
So when you flip a house and make profit from it, you basically getting tax alot, like around 40 percent, is that correct? How are all these people flippers making money , i assume that there ARV is really good then t...
Hi all. I was wondering if someone could explain the tax implications for both sides of an owner financing deal for a rental property? I am just starting to research this financing strategy and I'm wondering how muc...
Good afternoon, all.
Given that we live in an age of powerful and accurate search engines, I have been puzzled by the lack of information surrounding new home sales positions. I'm about to go into my second ...
Hi all,I'm in the process of drafting a new lease for a tenant whose lease is up for renewal.This tenant is a bit of a special case: Basically, a personal friend with a really good rental deal.He is starting to look i...
Hi everyone, I have a question about a seller financing deal.
Imagine you're purchasing a property below value using a 30-year loan, with the plan to later sell it at the full price using seller financing. In this...
Hi all,I've been reading about tax liens and short sales. An article suggested that this was a good way to obtain property at a low price. However, most of the articles I'm finding are giving me a bit too much info, a...
This might be a dumb idea, so forgive me. My credit is terrible but I make good money and I'm looking for a way to build credit fast. I was thinking of taking out an auto loan instead of paying for my car in cash for ...