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I'm exploring a creative financing technique where the Seller raises the agreed-upon $60,000. sales price of the property by my $15,000. estimate of repairs. That will qualify me for a bridge loan with a 75,000. minim...
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Would it be a good idea if I would to purchase a Home under a conventional loan and seek out a private money lender to help fund the Rehab cost ?? Has anybody else used this strategy ? Or is there a better strategy fo...
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I would like to find a refi method that I can use for a rental. I have $10,000 equity on a $88,000 home. I want to limit how much cash I bring. Any ideas
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I am looking for ideas to have an IRA account funds be extracted to be used and the tax be deferred
Hi guys,What's the % of monthly rent you would estimate for renovated property? The property is 100 years old but has been renovated. It's a 4 unit. 1 bedroom/1 bath per unit. I know the numbers can vary but just ...
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Specifically looking for Renton area. I didn't see anything in the city code, but may have missed it. There was no outright ban or limit to number of people, just a mention of the definition of family being any number...
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Not sure which forum to post this to, but we may be able to pay off our first rental home soon. We have a handful and we own them all in our personal name as we have mortgages. For asset protection purposes, when we ...
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Hi BP community, wanted to collect your thoughts and idea's to help me brainstorm hacking some finances. Was thinking about taking a 2nd mortgage on an existing rental property to cover the costs of acquiring an addit...
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Hello BP,
My name is Tony Santos and I am a wholesaler/flipper from Massachusetts. My partner and I currently started our business in October. We already have a wholesale deal and flip under our belts. We both just p...
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Good morning BP family! This year my wife and I closed on our second multi family property. We are looking for a CPA who specializes in real estate. Last year I used turbo tax and I’m thinking I might have graduated f...