How can you retire by building a large asset base and pulling equity? Isn’t it simply kicking the can down the road? How is that different from living off rental income?
We have purchased many homes through the years but now we are focusing on purchasing an investment property. In regards to the house we are making an offer on...The same broker that is selling the home is who we are u...
Would like some feedback from lenders for a tough situation here in California.Background: 1) Flipper borrowed $ from HML (1st position)2) We provided gap funding (2nd position), terms are to be paid upon sale3) Flipp...
Hello Bp,I'm a new wholesaler. I was writing you guys because i didn't want to be a wholesaler who THOUGHT he had a deal. Can anyone teach me how to find deals? I want to know how should i determine the price the whol...
Real estate investors will not spend a lifetime deferring capital gains tax by taking advantage of the 1031 Exchange to simply throw in the towel at the end of their “active” investment life. Logically, investors will...
My father in-law has not been living in his house (primary residence) for nearly a year. My wife and I approached him to discuss buying it from him since it is simply sitting. The question I have, is there a legal way...
I am a new aspiring investor and i am trying to understand the idea of a second note, the idea that i have is to see if i can simply finance the down payment through the seller. Does the seller have to own the propert...
Newbie here trying to learn Seller-Financing. So, I came across this deal in Texas, and here are the numbers:Seller financing:- Purchase Price: $285,000.00- Down Payment: $40,000.00- Interest Rate: 2%- Amortization: 3...
Some of the wholesale listings I get say possible tear down and rebuild. I would do this if the number worked, but my problem is that I would have to pay an architect thousands of dollars for a set of drawings before ...
Hello,I'm purchasing three 1b / 1b condos in a good area here in Ohio.I'm financing through a bank and received my final closing disclosures on one of the units.Purchase price is $40k. Loan is $32K.Closing costs are $...