Brant Richardson
Owner financed deal, tax implications for the seller?
I just found out about a friend of the family who owns a duplex that he has lost interest in. Apparently one side has sat vacant for about a year now. He "can't sell it because he will owe too much in taxes." ...
Kevin Krysty Jr.
House hacking + live in flip = happy first time home buyers
Investment Info:
Single-family residence buy & hold investment in Southern Pines.
Purchase price: $200,000
Cash invested: $7,000
My wife and I purchased our first home (live in flip w/ attached s...
Chris Higgins
Should I have an appraisal done when the house isn’t finished?
Hello, so I’m doing a live in BRRRR right now. I’m a little bit behind and might’ve jumped the gun on ordering an appraisal before I’m able to finish the house 100%. Things like carpets won’t be installed on time, tri...
Einat Menashe
Looking to connect with investors in Killeen/ Harker Heights
Hello BP family! I hope all is well.
I am an investor from Seattle, looking to expand my business into Central Texas. I am looking to buy a small multi-family property in Killeen/ Harker Heights/ Temple. I would love...
Susan Authement
Rent to Own primary residence, bad cred and no down payment
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $88,000
Cash invested: $10,000
Rent to Own Contract .
Purchase price : 88K.
Down Payment : 200.00/Month Installmen...
Nicholas Ward
Underwriting question. Getting loan with while having sold home subject-to
Hi,I am considering selling a rental property in Texas subject-to and owner financing the equity (120k) but concerned how that will effect my DTI. My current loan will be paid by buyer and then buyer will pay me month...
Ley Nezifort
Mailbox for Basement Unit...Legal ?
Hello Fellow Landlords, I wanted to understand the legal aspect of adding an extra mailbox labeled “B” for the basement unit in a small multi family (Duplex...Fourplex). I can imagine landlords typically get ...
Tom Albares
Our Second STR Property Journey
In 2016, my wife and I bought a condo in the Catalina Foothills area of Tucson. The property allowed short term rentals, had very nice amenities - pools, hot tub, tennis courts, and it sounded like a great business f...
Austin F.
Land contract V owner finance
I am trying to understand this better so I can explain to potential sellers clearly. Everyone seems to know what a land contract is, but owner financing seems to be a bit more of a mystery to most sellers.As far as I ...
Kyle N.
Lease option to sell my rental
Hey BP!Here's my situation:I own a house that I owe $30K, and it's worth $65K. My renters want to buy it, but are not in a financial position to get a mortgage (down payment and credit issues) I would love to sell i...