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Have a question that may be complicated... so I bought a property sub-to (current mortgage is 458k) I am going to sell the home on seller financing to a retail buyer for 699k. They will put 120k down amortized over 30...
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This is me thinking out loud :roll: but up to this point I have considered the implications of risk in a rehab project as either and increase in cost and/or a delay in schedule.
In order to account for risk I add a...
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I am trying to figure out what formula to use in excel if I sold my note at a discount to calculate the new rate. Does anyone know this?
Has anyone used contractors through Building Creations? I am scheduled to have some work done on my house and I was told that my loan can be transferred to the next owner, in case I do decide to sell my house. How tru...
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I am selling the property to the tenant and the closing was scheduled to 8/15. Should I collect half rent or the whole month rent in case the closing won't happened?Thank you guys for your advice.
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Looking for some advice with a single family rental my wife and I own. I've had a tenant in one of our rentals for almost 3 years now. His lease is coming up on September 1st and we really want to sell the property. A...
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Hi,I have the opportunity to purchase the building where I run my music studio. Off the market, the owner is in a 1031 exchange. He's open to selling it to me. He's currently looking for another property to roll over ...
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Hey BP! Real estate rookie here posting for the first time! I have 2 questions for you:
1. I'm about to put in my very first offer on my first property! But I'm looking for insight on something that came up. The pr...
I've stumbled on 3 abandoned homes recently near me. One home the husband passed, I did find the wife and asked if we can talk about the home, she offered it to me for full price?! After research she owes $5500 in bac...
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Summary: I want to become a real estate investor in Hawaii. And I have a bunch of questions. Any advice is appreciated but specific answers preferred.1. Should I sell my $400k home in Alaska or try to rent it out?...