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Hello, I have a question about someone offering owner financing for a property. The numbers I was quoted seemed high and I was wondering if that seems like a normal/good deal. I am new to real estate investing and hav...
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I purchased my single family home two years ago. And refinanced a year ago. Im looking to buy a home for my mother. Is there a way to get a loan to buy the house without putting 20% down?
People always assume that having an LLC keeps them from getting sued, but look, the individuals are being sued too. So much for an LLC protection.
Here is who's being sued:
Federal Trade Commission, and
Utah ...
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Hello guys, I am a newbie here and seeking for some answers regarding an FHA loan. I bought a property using a 203k rehab loan and I was wondering about what will happen if you have reno money left over in your escrow...
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Wealth Enhancement Strategies for Real Estate Investors
1. Sell 1/2 interest to a partner at a profit to yourself. Example - negotiated purchase of a 5 year balloon note of $280,000 remaining principal paying 11% int...
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BRRRR Strategy - First property.... I was unaware about the 6th month seasoning requirement by most lenders, but I found two that would refi after the rehab is completed. What would you do in this situation or is ther...
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I am researching a note I came across. AT first it seems like a pretty standard note. It is a Mobile home with the lot for sale for 45000. The Owner received $20,000 down and carried a note for $25000. The interest...
I have a condo in Seattle that used to be my primary residence in a location close to Amazon HQ. I've moved to the 'burbs and have been renting it out for the last 10 years. Here are the key stats:
$550k Zestimate (a...
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Hello BP.
Question. Is it true that for the first year a seller doesn't have to pay taxes on a seller financing structured deal? How is it taxed in other years, as ordinary income tax? Also, what if the deal was...
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BiggerPockets! Hope everyone is doing well. I have been analyzing properties using Zillow, and follow Brandon Turner's advice to look for the "home run" number on each property (whatever purchasing price would make it...