Afternoon everyone. Here is a baseline question for you. (From a newer Bper)The scenario.. I have 2 SFR (1 condo and 1 townhome). One of them is paid off, and giving me cashflow (even with stupid association fees) on ...
I've heard conflicting stories as to what liability the seller has in a assumable mortgage. I've heard that because the seller is relieving a debt that the IRS would see that as income for the seller. I've heard this...
Hello, I am looking for some input on how to structure the deal for my first residential home purchase.
Details:
-Parties are myself (US citizen) and my business partner (foreign national)
-We have another company ...
Hello BP, One of the things I struggle with is why people would want to wholesale their homes. I know that this answer would vary per market, but in a market such as Philadelphia, Pa. or New Jersey (certain areas with...
So we are looking for distressed properties via delinquent tax rolls. I have received a number of excel files and csv files from various counties but being totally new to this have no idea of how to locate what we ar...
My wife and I bought a new house with my father (so we could all live together; my father is elderly) in October 2016. We kept our old house, which I have owned since July 2000, and spent about a year doing renovation...
Hello. My husband and I purchased a home 5 months ago that needs some updating. We purchased the home before we began considering real estate investing seriously. As we begin considering our options, we cannot deter...
If my self-directed ira contributes 45% cash to buy a 3 unit property, and i contribute 20% cash, plus a mortgage in my name for my remaining 35%(title states IRA 45% undivided interest, me 55% undivided interest), ...
Im finishing up a flip and will have 150k after its sold. should i put this money toward my primary residence mortgage and eliminate 18yrs interest essentially doubling my money? i see this being similar to Brrrr. My ...
I'm just reposting - think this is a more appropriate forum.I had my eye on some Sheriff auction properties in Allegheny County, PA. I'm new to this type of property and have been reading a lot on this forum and the...