Simple 4 page executed contract provided for purchase money mortgage (pmm), seller financing $375k @ 4%, repayment monthly amortized 30 year, 15 yr balloon, no pre-payment penalty. Seller's P.O.A. is a non practicing ...

Hi,I own a 4-unit property in Washington, DC.  I used FHA 203K to purchase it and I am an owner occupant.  I've been doing a decent amount of renovations over the years out of pocket.  Last year a tax professional sug...

Who should the cashiers check at a non-judicial foreclosure be made out to?

Hi all, I just upgraded to PRO today! Taking my first step towards REI and flipping. After researching, I cannot find the exact answers I need to for my questions, hoping you all can help! I think I found my first hou...

Hello all. I received my tax lien to a property a few weeks ago. It is occupied. This will be the last occupied property I purchase but anywho without it being a tax deed I have to wait 6 months before I can evict. I ...

Hello, I am new to BP and still learning my way around the site but wanted to introduce myself. I am a successful professional with my JOB and have done well investing in real estate in the past; but now would like t...

had an idea to open a property management company as an LLC. My idea is to take my 3 properties I currently self manage and pay my own company a monthly management fee. Then I can write that amount off taxes but not s...

Has anyone dealt with child support and rental income? Properties are in LLCs with separate business bank accounts. Just curious if my earned income is the only income considered or if rental income is included even t...

Hello everyone I want to know what's the purchase closing costs all selling closing costand who pay for the real state agent Im a lil confused about all this

Hello BP family!Here is what I ask of BP: What legal documents do we need to completely revamp the park?I could really use some assistance. My mother is part owner of a trailer park. It was passed down to her (and her...