Zac Lindquist
House Hacking in Portland, OR
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $400,000
Cash invested: $20,000
My wife and I purchased this property and our house hacking journey began! F...
Phil Shearcroft
Seller finance and balloons
I am currently negotiating a multi property deal that the seller has agreed to a seller finance with a balloon payment in 10 years. My question is if I have an end buyer who would also like to have a similar setup can...
Larry Flanagan
Give this property away?
A contract buyer of mine passed away a few weeks ago owing about $50,000 on his land contract. If i foreclosed and resold the property for cash today I would maybe net $5,000 to $10,000 in its current condition. I p...
Nikki Anello
mortgage notes
Hello,
I am completely under with one of my personal properties and my attorney is saying that shortsaling is my only option. Then I had one of my realtor friends suggest that she have one of her investor fri...
Patrick Sullivan
Potential Motivated Seller/Burnt-Out Landlord
Hello BP Fam,A few days ago I met face-to-face with a lady who contacted me after catching one of my bandit signs I placed throughout the area. In brief description, she is a burnt-out landlord who is behind on her mo...
RJ Staats
Sell or Rent My Started Home?
We recently refinanced at 15 years on our started home that we purchased in 2014. I GC'd it and handled most of the grunt work. Spent $100K over the years on top of the $380K purchase price. Market Value is $550ish b...
Joshua Aycock
Tax Implications for Seller in Seller-Financed Deal?
What are the tax implications for the seller in an owner-financed deal? I've identified an off-market property that I'd try to get seller financing on. They've held the property for a couple decades, and would likely ...
Eric E.
Collecting back rent after evicting
We have rentals in PA and NJ. Evictions are few and far between, but when we have one, the security deposit is NEVER ENOUGH to cover back rent and damages, the tenants always owe more. Bad stuff happens to good ...
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question
hi
i'm really new with real estate investing. i havent even begun to own anything because i'm still reading n'stuff. but i have a question, and it could possibly be a dumb one, but i dunno, so bear with me. you buy a...
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Refinance questions
I have 2 properties to deal with here.
Property #1 - first house bought with FHA loan, ARM that adjusts every year (1% max), is currently at 5.875%, due to drop to 4.875 in a few months. 30 year mortgage that has 13 ...