Nikki Cepeda
Investing in multi-family apartment as joint venture, advice on how to structure
Thus far, we've been investors purchasing our own properties but we have an opportunity in that a family member is open to selling their 30-unit apartment building. It's our largest deal yet and to be able to pay in w...
Joshuam R.
Existing Mortgage and Repairs for Owner Financing
Greetings readers and fellow BPsI live in a rental, great owner/tenant relationship. SFH 3/2/2 approx 1300sqft , taxes $2K market value $140k-$150kThere is a repair needed with the plumbing for the disposal in the kit...
John Horner
Am I protected by an LLC if the mortgage is in my personal name?
I currently have 1 rental property but looking for 2 more in 2014. I have a conventional mortgage on my current rental. I was urged by my RE lawyer to start an LLC for this property for protection. I live 2 hour...
Anthony Jordan
Owner Financing: Tax Implications for Seller
Hey BP, I'm looking to make an offer to buy a single family home using owner financing and want to get a better understanding of what the tax implications are to the seller. My initial thought is that the seller would...
Deanna Joy
REI Neophyte - Hello from Spokane, WA
Hi all,My name is Deanna, I currently reside in Spokane. I have recently started working at a credit union and have grown leaps and bounds in my understanding of finance, credit and investments. At the beginning of th...
Donnie Mac
Inherited property into a 1031 exchange
I have a unique situation with property owned by my Mother (still in her name). She currently owns a 10 acre parcel in rural Southwest MO with a 2,000 s.f. 3/2 SFR. Due to neglect, this house is a serious fixer-uppe...
Nick Batt
Hard money lending opportunity
Hello everyone,I have got an oppurtunity to take first mortgage with 58% LTV. But I Have few questions about it..(1) he said he want to use part of the money to pay IRS debt of 28000 (2) use rest of the money for addi...
Stephanie Dobbs
What are the expectations
To buy real estate in other countries, are the expectations the same (credit, money down). Being as though I don't have much money and working to repair my credit, are opportunities greater elsewhere (canada, europe)?
Chris Drury
REI closing costs tax deductible?
Traditionally some closing costs are tax deductible for primary residence. Does this include REI properties?
Michael Then
Purchasing of my first rental property.
I have finally decided to go on and make my first real estate investment. I have my eyes on this 3 family unit. I do not have the necessary funds for the transaction, do I make an offer to the seller or get the financ...