Alissa Thompson
Chapter 13 Applicant - What would you do?
Hi All! We had a potential tenant ask if we would consider leasing to them even though they are currently going through Chapter 13 Bankruptcy and have 23 months left of their program. As a couple, they make enough mon...
Michael H.
How do I interpret "Primary Residence?" IRS seems vague :(
Hi folks, I'm purchasing a condo in San Juan, PR as my Primary Residence, so obviously the bank and the IRS expect me to live in that condo for "the majority of the year." I thought the IRS would be more specific by s...
Brent Kromer
rich dad poor dad
I see everyone talking about Rich Dad, Poor Dad. Which edition do you guys recommend? I see there are quite a few different choices
Sarp Ka
How to avoid PMI with 10% downpayment?
Hello I've been reading that you can get a second loan providing that 10%, so that on the title it shows as I paid 20% downpayment hence it's not bound to PMI.I'm wondering which lenders do that? Do I have to get 2 se...
Arturo Hernandez
Seller carrying note
Hi everyone, I'll try to keep it short. Seller is selling two manufactured homes on one lot. Asking $400,000. I have not seen the place aside from photos online. Has been on the market for almost 10 months now. Seller...
Bill Williams
Joint Venture Question
Good Morning Everyone. First of all, thank you for the add.I am not new to real estate investing as we have owned a few rental properties in the past but we are entering uncharted waters with a joint venture and would...
Monty Bell
New investor looking for mentor
Hey guys,My name is Monty and was hoping to meet up with some investors locally here in Orlando for mentorship/advice. I purchased my first house 2 years ago here in Orlando and am currently house hacking (4 rooms ar...
Craig Rowe
Financing Options for Current Tenants to Buy Rental
Hello - I have tenants in a rental home in the Cleveland area who have rented the home for the past 12 years, excellent tenants, always pay on time, etc. They're a married couple, both self-employed. They want to bu...
Brandon Craig
Tax implications for owner financing
Hi all. I was wondering if someone could explain the tax implications for both sides of an owner financing deal for a rental property? I am just starting to research this financing strategy and I'm wondering how muc...
Daniel Vanhala
Any options for seller to provide down payment?
Hi! I'm new here (25M). Currently working on my first BRRR property. I have a former co-worker who wants to sell his starter house. He says if I pay him full asking, he would provide me with the 20% down payment since...