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I heard of the strategy of flipping subject-to's. My understanding of the concept is to identify a motivated seller with a nice property with a good loan with little to no equity. Offer the seller 1-2K to get out of p...
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Hello,I am a new investor and would love to get feedback from this forum regarding this deal I came across. Below are the details.According to the spreadsheet I am using this seems like a good deal. My taxes estimates...
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Hi everyone, I am a newer investor looking to understand the process of setting up a subject to deal. Ive read some BiggerPockets forums on this and I do understand that the bank has the right to proceed with the due ...
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I am working towards my first rental property and found a property that I may be sending an offer on. I currently own no properties, and I live and work out of NJ. I'm looking to buy in FL.I've talked to a handful (...
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Hello,I have a question related to getting accelerated depreciation. Assuming I meet the IRS guidelines for a real estate professional, can I do a cost seg and claim accelerated depreciation for a fix and flip propert...
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I am currently in college and am itching to get started in investing and building a significant real estate portfolio.I would appreciate some tips from people who have been in similar situations. I want to know what I...
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Hello! My husband and I are about to rent out our first single family home (which we currently live in), and was hoping to get some help here. We just created our LLC to help get the pass through deduction next year (...
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Really thought provoking subject, huh?My husband and I have successfully rehabbed two personal residences, first in Stamford and now in Newtown. We've been in this one - our "forever" house - about a year, and I'm ge...
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With regards to Subject 2 in Alabama, my plans are to immediately get from under the previous owner’s mortgage as I could get better rates and terms.
Subject twoing the property was the best option as owner didn’t wa...
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Hi I live outside US and own rentals in US. Currently all are under my name. I'm non resident, I don't work or live in US however, my girlfriend is in US, and I stay there a lot(over 183 days rule. but its not a prob...