Hi BP, I'm being offered this note secured by a deed of trust for the following:Duplex:Side 1: 4x2Side 2: 2x1Sqft: 1,578Total beds 6, total baths 3Total Monthly rental income: $2,100Deal Details $290,000 Fair Market V...
I bought a property two years ago in NC through a turnkey investment operation. They buy, rehab, and sell with tenant in place and then manage the property. Everything went well until September last year, when the ren...
Hey!
The title was a little too short in characters to allow me to fully describe the post, but in simplest terms i'm trying to ask for advice and critique of my plans - in addition to leaving a record in case I or w...
Hello,Just curious what you all thought about the idea of using a loan from your 401(k) to finance the purchase and rehab of a 1st property.My plan would be to use 40-50k to purchase a small rental apartment, fix it u...
Hi everyone,
The seller of the property I am interested in called me back last night!! I am shocked! He took the house off the market and wants to me a deal!! Now I have been trying to locate HML and everyone...
Hi everyone! First post to BP forums after learning from the sidelines the last few months.
Ok right to it. I haven’t seen or heard really of anyone mixing two types of financing on one deal. Is this common/ethical/...
Hi Everyone,I’ve been a long time listener of the podcast and have been saving up money to begin my real estate investing career. I currently am 25 with about $50k in cash saved up.I live in Austin, TX, where tons of ...
I am renting out my home for only the third time. My last tenant went into arrears and didn't pay their last 3 months of rent. I want to get the home ready for rental May 1st, but there is still a lot of work to be ...
Hey all -
As I understand it one person or company can complete 5 land contracts and only be taxed on the actual payments (installments of say $1,000 / month).
However - if one person or company does 6 or more land...
Hi fellow BPers!
As the title states I have an issue with debt to income I'd like some perspective on, if possible. My situation:
- I live in Orange County, California where 3br condos go for minimum 500K
- I own 1...