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I was wondering if you purchase a property via financing, is the "purchase price" the down payment you put in? A lot of examples online seem to be providing scenarios of cash purchases like "a house purchased for 200...
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My rental property is located in Cherry Hill, NJ. It currently rents for $1695/month. The real estate taxes are a shade under 34% of the monthly rent. I feel that this is large percentage.
I am curious if anyone ...
Is there any violation of the rules if as a lender I fund a loan part from my Roth and part from my Traditional IRA?
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March Savings Index: Percentage of Savers Drops for First Time in 2021, but Still Higher Than Start of Pandemic
Ready to spend? With a lower percentage of consumers stashing cash in March than the first two months of...
I have been reading couple of books, forum threads and have listened to few podcasts, still long way to go. But based on the information I have gathered so far here is what I am thinking how to enter in this world and...
I, and my two other partners, are completely new and looking to do our first multifamily deal together investing our own money and using a conventional loan. We learned quickly that purchasing through an LLC would b...
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If I were to borrow someone's money to put the down payment on a house and the investor didn't want to be paid back over a term but a forever 'dividend' (I guess). How would the money (rental profit) be split up typi...
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Hi,
I am looking into starting an LLC and buy a property with my sister-in-law. We are looking to sell one of my current investment properties and use that plus some of her capital to buy a house, furnish it, and l...
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Hello All,
I have tried searching BP for the answer to my question with no luck. I am trying to analyze a property using the BP Flipp Calculator, however my confusion comes when it requires me to enter a holding cost...
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I have an opportunity to buy a property where the sellers are willing to keep their bank loan in place. I'm thinking of buying it with my self-directed IRA. Has anyone does this before? I have done many transactions ...