In the commercial arena I've been seeing many listings for corporate-owed properties with lease-backs. I'm curious why a corporation would want to sell-off their property and loose control of both their rent and an ap...
Hello BiggerPockets Community,
I hope this post finds you all well. I am reaching out for some valuable insights and advice regarding an opportunity that has come my way, and your collective wisdom could make a signi...
Hi all,I have a little 2/2 duplex that i bought real cheap during the housing crash. It was a short sale for 45K. Currently i owe 35K on it. I have been renting it out the past 3 1/2 years. When the latest tenant mov...
If you read my background my husband and I started seriously looking into investing back in March, and since then things have taken off. I'm overly excited & nervous about the entire process, but after listening t...
I just watched a video online of someone explaining why he would never flip a house. He basically said the reason is because if you flip a house it is considered ordinary income tax + self-employment tax which ends up...
Perhaps someone can help clarify my thinking on a financial question.For this discussion let's assume we're talking about a $100,000 30 year fixed rate mortgage at 5% with a payment of $536.82 per month.Not that you w...
After wholesaling rental properties and being tired of being a tenant again myself - I would like to be able to qualify for a conventional loan. In speaking with a local tax attorney, I was told that 2013 was the last...
Hello,I am looking for some advice on the best way to use the equity in my two rentals to buy additional properties. Here is my current loan info:House #1 - 64K left on loan. House is on zillow estimate for 142K. I...
Hi All,Does anyone have experience with structuring a rent to own deal? I am looking at purchasing a property for my cousin for her and her family to rent while they rebuild their credit. Goal would be for me to purch...
Hello all,I've been lurking on Biggerpockets for a few months now and I just want to say thank you to everyone who takes the time to help all of the newbies. Anyway, I'm six months away from the end of my current lea...