AJ Alexander
Looking for opinions on offering a Rent Discount?
Hi all,
New landlord here. I have my first vacancy which I need to fill, just thought I'd ask what everyone's opinions or experiences are with offering a rent discount for paying early? For example, the rent is $1000...
Alex Smith
How to get the 20% down payment with no money
Ive found the deals but I do not have the 20% down payment.
I have found a partner to give me the 20% down payment in return for half of the cash flow.
Issue is the lender states my partner must be on the mortgage...
John Kaftan
Duplex for my 18 yo son
We live in Syracuse and my Junior in HS is looking to go the local college Syracuse University. Naturally the last thing he wants to do is live with mom and dad. Could he by a duplex for 3.5% down and house hack? W...
Jose Jimenez
Help Constructing a Seller Financing Deal
Hi BP Community,I am trying to figure out how to put together a proposal for a seller financed deal. I am the buyer and my uncle is the seller. I, as the buyer would be proposing the deal to him. I would like to draft...
Dominique Collins
What's the best way to add someone to a deed?
My grandparents want to add my name to the deed of one of their properties located in New York so all three of our names are on the deed with right of survivorship. There’s no mortgage and is currently being rented ou...
Whitney Breedlove
Cash Offer and then Refinancing
Is it a common strategy to make a cash offer in order to have a more competitive bid and then once you've purchased the home, refinance to get your money back out? I'm thinking this is what I'll need to do in order to...
Alex Hogenson
How does private loan affect conventional loan?
Hello BP,I'm looking to finance my first duplex (house hack) with a conventional loan, however I won't have the necessary funds by the time I need to purchase (tentatively need to move in June 1st) for a down payment,...
Wyatt Anderson
Build or wait it out?
I posted a few months back about buying a dream house instead of investing. We were going to get it on a deal with my mother in law. 70 acres with the house sitting on a bluff. Easily could sell for over a million for...
Denice M grubb
I have a huge dilemma. I am trying to buy my home close by april3
My husband was not great at keeping ahead on the bills .So the house we are in we have a contract to close on before April 30 th or we lose 27,000.00 down and our home and will have to move my husband has a 6 figure i...
Trevor Tso
Need advice renting to retired parents
I bought a second home as primary residence and would like to move my parents there (so they can help out for my child care and I can help them with $, they are little tight).
How can I get the most tax benef...