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Tax implications of sister-in-law on title?
Hi all,
My wife and I are helping her sister to buy a condo so she'll have a place to live when she gets married, which is coming right up. However, she has no established credit, so the loan will go under our names...
Brian Kempler
30 year contract for deeds illegal in Texas?
Attorney Alan Ceskher: "No. 181 day contract for deeds are not allowed" (in Texas)Older threads here said they are allowed. But maybe those threads are out of date.Anyone do a CFD of more than 6 months recently?I'd al...
Richard Mai
Exploring Co-Ownership of Property: Seeking Advice and Insights
Hello Biggerpockets Community, I'm currently considering a unique opportunity to go 50/50 on a property with a friend, and I'd love to hear your thoughts and experiences on this matter.Background:
My friend and I are...
John Williams
MH park rules
I have a couple Q's on park rules and mngrs and how to deal with them.
Most of the parks around here are owner occ. I asked one MH owner if I could rent out the trailer in this park and he was tol...
Chris Seveney
Note Investing: Like Watching a Jerry Springer Episode Unfold
In the world of note investing, you never know what you’re going to get. Just when I think I’ve seen it all, a due diligence case like this one lands on my desk. We’re looking at a seven-figure property in Texas, tied...
Ratna E.
Setting up LLC on H1B visa for rental properties
Hello BP,I've been following BP for over a month now and I have gained decent knowledge. I thank each and every member of this community for their posts and information. I'm on H1B visa and wondering if anyone from th...
Joshua Chen
Profit Margin
For experienced flippers, what do you consider to be your acceptable profit margin?
Joey English
What’s going on at the foreclosure auctions?
What’s going on at the foreclosure auctions?In Georgia, foreclosure auctions happen the first Tuesday of ever month on the courthouse steps between 10am and 4pm in each county. In order for a lender to foreclose on a ...
David Hayes
Creative ideas for this property acquisition?
Hello BP community, I have a question for you, I’m assuming someone has tried something like this but I can’t seem to find much information out there, so maybe not. Here is my situation:We have a motivated seller, he ...
Stephen Chittenden
Thoughts on this Potential Deal
Someone has brought me a potential deal. It's a single-family home that has been renovated into 3 units. Gross rent is $2300 per month. Asking price is $150k with owner financing. Proposed deal:$15k down$135k purc...