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I have a wholesale deal about to fall apart. The seller's mortgage is a private mortgage (1st only) with an old RE agent who is 93. I have the property under contract and it's a good deal (not a great deal) and the mo...
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I spoke with an investor that owns about 15 properties in and out of state. In her experience, there are tiers of rent in which you would be more likely to collect each month. These don't necessarily always focus...
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Hey BPers, quick question. I found a 4bdr 1ba. So I would go ahead and call that functionally obsolescent?? Especially if I want to rent out each room individually. I know there are 1,001 variations but I have no idea...
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May be receiving a $200k-$500K (complicated to explain) what would be the best strategy for investment in real estate? Is it best to buy a few houses with cash or to by many houses with loans? Should I pay off my debt...
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I am interested in hearing stories of your best REO deal! Was it listed at 150000 and you got it for 40000? or less? Was this from a price drop from the lender or did you just offer a lower price?
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Hello, I’m planning on taking a first loan so I’m wondering what was your very first multi family loan amount you were qualified for? Could you please include credit score, and down payment as well as loan type so I c...
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Thinking about bidding on a house (for a personal residence), which is somewhat complicated with four liens against it. The foreclosure auction is actually for the second position lien, which was a private business lo...
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Hi Everyone.I started a business providing accommodations to athletes last year and it really peaked my interest in real estate. I've listened to a couple hundred hours of podcasts and spent more time than I'd like to...
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Hey there, I was just wondering, what are the total tax rates including self employment and all other taxes in NC on house flips? Thanks
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Looking for a feedback from tax experts on the following scenario:A client is a self-employed (has an LLC taxed as S-corporation). Pays himself reasonable salary of 35% of the business's net profit. Pays health insura...