Patrick Philip
Is there a better finance strategy for large purchases than this?
Someone once told me that he "builds or purchases and repositions" at 75% of FMV. Then, after 3-12 months, he refinances at 100% FMV and they lend him 75% of the value, meaning that he got all, or most, of his money b...
Kevin W.
Seller Financing --> Refi Out
Hi BP!Longtime lurker, first time poster.I was wondering if anyone could answer my question.I wanted to buy a property via seller-financing. The asking price is very high considering the location, rents, and comps. So...
Kenny McCarty
Appropriate compensation for consultation services
I currently self manage some very successful short-term rentals. A property management company has approached me to partner with them so that they can start managing short-term rentals in addition to the long-term re...
Pamela Holmes
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What kind of agreement can I use if I am structuring a deal between a seller and a buyer without having a contract between me and the seller? For some unknown reason the seller do not want to be on contract with someo...
Mike Schorah
Inspection Period and Assignability in Wholesale Contract
How should I phrase the inspection period and assignability in a wholesale contract?
Phillip Stagg
Cash Flow: Pay Off Principal, Reinvest, or Income
So the way I have my real estate loans structured is a 7/25 intrest loan with a balloon payment after 7 years. The discussion keeps coming up as to wether during those 7 years I should put any cash flow towards the p...
Abdul Azeez
Need input on Memphis 38122
Hello Folks - I am looking at two properties in the below area in the 38122 neighborhood. Properties are 3/1 and 4/2 and one them is rented for $800 and other is expected to rent for $850. Although there are pockets o...
Mark Eichlin
Do I have to use the ASR (Standard Agreement for the Sale of Real Estate) from the Pennsylvania Assoc. of Realtors.
I am a new RE investor and my Realtor is telling me that I have to use the ASR (Standard Agreement for the Sale of Real Estate) from the Pennsylvania Assoc. of Realtors.
Is this a requirement in PA, or simpl...
Frederick Hawkins
Tax Question - Passive Real Estate Investment Income
Hey BP,Looking at starting an LLC to manage future investment properties. Anyone have experience operating an LLC and not having to pay self-employment taxes? Here's my understanding of the IRS code on this question...
Benjamin Shaw
Please help me understand this concept from Ben Leybovich's eBook
Hi BP! So I'm taking a look at the eBook from @Ben Leybovich called 20 Ways to Buy an Investment Property with $2,000 or Less, which you can get here.I heard ben on the podcast a few times, and his words really reso...