Randy Hunter
Seller Financing through a Wholesaler
Has anyone ever bought a property with seller financing through a wholesaler? I'm sure wholesalers prefer all cash offers or am I mistaken? I figure as long as the wholesaler finds a buyer and they make their fee, wha...
Ryan Morlino
How to structure bank accounts and business vs. personal
My wife and I are in the process of filing for an LLC through an attorney before we start our rental business in a few months. I have some questions about how I should structure my bank accounts and which need to be ...
Steven Barr
Refinancing rental properties - how does it work?
Alright, don't jump all over me for the question, but I really don't know the answerLet's say I buy a home for $100,000 and put 20% down with a 7.25% mortgage. I now have $80,000 worth of debt with roughly $450/month ...
Naveen Kumar
LTV on rate and term refinance
I have a quick question on rate and term refinance:If I buy a 100k property with a private mortgage of 90k, and the property appraises at 100k, will the bank be ok with a rate and term refinance loan for 90k, or will ...
John Alosio
Depreciation Recapture with low capital gain.
Hello BP family.I'm here today with a tax question relating to the sale of a rental property.I have a property under contract right now, my sale price is right around my cost basis.For depreciation recapture, I unders...
Brittney Lynn
Newb Reality Check
Hi Guys!
I am looking to break into the world of home ownership very soon and have a few questions.
I currently live rent free (woohoo) at my moms house on Long Island. Prior to that I was living in NYC...
Benjamin Herrmann
Does paying a vacant home's property tax give me title to it?
My mother-in-law owns a rental property in Portland, OR 97236. There is a vacent property directly behind her's. I looked up the county tax records to find that they have not been paid in 3 years, making the total amo...
Manvir G.
Investing in Northern Ontario?
Hi everyone,I'm from the Toronto area but have been looking for potential small/medium apartment building investments in Southern Ontario (Waterloo, London, Windsor, St. Catherines, Niagara region, etc). However I hav...
Cortney Arenstein
Texas Tax Lien or tax deed info help wanted
Who here is in Texas and playing the "pay delinquent property taxes and then wait for the interest" game? I have had my eye on a distressed property (boarded up apartments) for a while, and the owner is in distress ...
Daniel Luedtke
Dangerous breed service animals
Looking at potential new tenants for a recently vacant unit. One prospective new tenant has a service dog, that I believe is a dangerous breed, or a mix with a dangerous breed (pitbull). I do not allow dangerous bre...