William Price
Sell rehab subject to/lease option/seller finance
I have a multi-unit that I'm selling that needs extensive rehab. I'm selling for the cost of the mortgage; however, the buyer does not have the cash to purchase or the ability to get a loan until the property is reha...
Adrienne Russo
Assisted living facility purchase
This is my first venture into purchasing a commercial property, can anyone help with the differences between a SFH and a 12 bedroom Assisted Living Facility? I am in the process of contacting lenders but I have run i...
Kyla B.
Claiming Tenant Buyout Agreement as Rental Expense for Tax Filing Questions
1. Are Tenant Buyout Agreement payments eligible to be claimed as rental property expenses for tax purposes?2. Does anyone in the community have practical advice/insight on this?Background:My partner and I are negotia...
Mason Field
Loan for House and ADU
I am new to the real estate investing world. I have a question about loans and how that works. Can you receive a loan for a single family home and a loan for the construction of an ADU at the same time? I am thinking ...
Jennifer Williams
Newbie from Houston, Texas
Hello there, I am Jennifer.. Houston,Texas is my home. I am currently the assistant to a very successful Realtor. I am also in school to obtain a Real Estate Licence. I plan to further my knowledge in all aspects of R...
Account Closed
Work with Single or multiple Real Estate agents/Wholesalers?
Hi BP, I am newbie investor and started to explore few NJ/PA markets for investment.I am getting lot of guidance and help from fellow BP members. Since i am exploring new markets also getting offers for real-estate ag...
Jessica K.
Total Newbie Seeking Advice & Direction Please...
Hi Everyone, I am a total newbie here - I have been absorbing daily (for past couple of weeks) all that BP has to offer - just discovered BP and think it's wonderful! A little background: hubby and I would like to get...
Michael Dombrowski
Beginner question
Hello,
Not sure if this belongs in this section in this forum, but here goes a shot. A few buddies and I have been inquiring with banks about how to obtain money to form an LLC to buy and hold properties long term. ...
Jim Growfer
For a quick analyzation of a property, is this right?
I've been using this as a filter to see if a property is worth looking into further. Is this accurate?I look at the Gross Income and then do 50% of that to = NOII look at the purchase price and do 7% interest to figu...
Cheryl Jones
Negotiation of 2nd Trust Deed
Investment Info:
Single-family residence private money loan investment in French Camp.
Purchase price: $208,000
Cash invested: $91,000
Negotiated a 2nd Trust Deed on the property so that the client c...