Juan Bravo
Buying Rental+Farm RE in Puerto Rico with PL & Owner Financing
Hello BP community!I'm about to make an offer to my very first RE investment! This is a sweet deal for a 20+ acre farm land which also has a duplex rental already with tenants in it. I am planning on using creative fi...
Jimmy O'Connor
Impact of the homeless encampment reallocation in Kensington
For those of you new to Philly, when the DNC came to Philly, the city had a massive campaign to combat the homeless issue (see this video from earlier this year- https://philadelphia.cbslocal.com/video/3433777-ph... ...
Don Levy
Need judgement clarification
I'm interested in working judgements in California but when I was using public records to find them I thought of something. I was looking at the Abstract of Judgement when I realized that the Abstract would show up as...
Myka M.
Investment Proposal Templates
It has been a while BP! I am still making moves here and there, but more and more I am being asked for paperwork that I just don't have. I have tried to use a regular business plan, but it just doesn't quite cut it ...
Rich Weese
Before Balloon payment becomes due
There was a previous thread about this same subject. What do I do when my balloon becomes due 10 years down the road ? There were a lot of responses and the consensus of them all listed the following choices:
1. Sell...
Elvis Vasquez
Do mortgages allow houses to be purchased with Liens?
I have a house that I am interested in and the outstanding liens are currently around 10K. Is it possible to have the escrow setup in which the liens are taken out of the sale of the House?Or would the owner have to t...
Bryan O.
Roll Over Current Employer 401k Funds
As ever, the definitive answer is, it depends. In some cases, the stars align. In others, not. Regardless, you need to know The Good, The Bad, and The Ugly:The Good:Review your employer's Summary Plan Document (SPD) o...
Isiah Ferguson
BRRRR technique. I think I covered everything ?
Buy, Rehab, Rent, Refinance, & Repeat. ( BRRRR ) 1.Finances’ (CASH)The reason for doing this is the ability to be able to use the same funds, repeatedly. After each Refinance period, you will be able to get your ...
Eyong Agbortogo
Estoppel with existing tenant
I recently purchased a duplex in Columbus and discovered after closing that the former owner had an estoppel in place with one of the existing tenants. Unfamiliar with how estoppels work so looking for insight on this...
Jason Allen
2020 capital gains questions
I bought a place three years ago and I’m thinking about selling it for a capital gain around 20 K my gross annual income adjusted is $50-$60,000. I am trying to figure out capital gains tax and what I don’t know is if...