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1. Forgive my ignorance but after watching youtube videos regarding recent changes about landlords it gave me the impression that "section 24" means that landlords are now taxed on "gross revenue" and not "net profit"...
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We're considering selling a property Subject to (S2) -- meaning the buyer would pay closing costs and a downpayment, we keep the mortgage in our name, and the buyer would make the mortgage payments and monthly payment...
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Ok, I have browsed the internet, asked real estate professionals, and dug through my real estate investing books but I still cannot fully grasp the concept of seller financing from the position of a buyer looking to i...
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Let's say you show a $500 annual profit after deprecation on your rental property on your taxes, wouldn't the lender divide that $500 by 12 and add that to your monthly income? I'm trying to figure out how much to cla...
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Hey guys I need some help! I have a 4-Plex that the owner is willing to seller finance the note for me. The purchase price is $750k and the owner has a $150k mortgage on the property. If I purchase the property I have...
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I stumble upon Sub-to deal in Alabama. Based on current terms do you guys think this will be good deal or need to negotiate to make it a deal for me. 3br/1ba Buying46kdown 80003% interestAssignment fee 6000estimated m...
I’m planning on purchasing rental properties in the near future. Once I’ve gained rental income, I would like to finance a Condo and even more rental properties with my income from rentals. However, I’m a bit confused...
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Hi everyone,
I follow Pace Morby and a couple of other creative finance masters on social media. When it comes to creative finance, I personally lean more towards seller finance as I like getting to work with owners ...
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Without getting to far into the weeds...I had to file bankruptcy (chap 13) in 2015, in which I surrendered a mortgage. Fast fwd. to today. I am 7 months out from discharge and preparing to re-establish bmyself and mak...
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How do I structure a deal if I want to do seller financing but the seller has a mortgage. I've seen 1 post talking about subject to and seller financing hybrid but it doesn't explain or break it down. Ex. Seller st...