Lupas Dinu
Financing down payments
Can the pre-sale method be used to get the 20% down payment for the structure of the loan from hard money lenders?
William Coet
What Does Cash to Existing Financing Mean?
When a sale is listed as "cash to existing financing" can the "cash" be raised as equity from existing properties? If so, what is the best way to do this?
Thank you
Jason Teague
Cash Boot on a 1031 exchange
I have a tax basis of $150,000 on a rental property that I am selling. I am under contract to sell the property for $215,000, of which after closing, I will realized $200,000. I have no debt on the property, I own i...
Rob K.
Flipping a short sale
In the past, anytime I've tried buying a short sale, I waited about two months oply to have the bank say they want more money and kill the deal. For this reason, I have avoided short sales up until now.
I'm in the pr...
James Palassis
Can 1031 be used to paid down loan on your identified property?
I am under contract to purchase a property (closing set 8/4/21). Through a stroke of luck, I have a cash offer on one of my rentals (it's vacant due to a tenant turnover). I'd love to be able 1031 my sale and use the ...
Bob Asad
Has Anyone Done Tax Deed Auctions in FL?
Anyone done tax deeds in Florida or participated in the auctions?What are the watch outs or steps that you recommend?Often times, there's houses or land worth $500k listed with an opening bid of $30k which is a fantas...
Phuong Dinh
Primary Residence/ Capital Gain
Hi,I recently bought a Duplex as a primary residence, I plan to live on one side and rent out the other side.Now I have another plan that i want to sell the Duplex. Since the duplex was under a primary residence loan,...
Jeremy Martin
Can I Do a 1031 Exchange?
So my grandma deeded a house to my brother and I as a gift in Oct 2018. We’re approaching the 1 year mark, and he is applying for a cash-out refinance to buy out my portion of the home.My grandma bought the house in 2...
Mason Jenkins
Flipping using OPM, HML, no secondary funds
Hi all,Let me preface by saying I don’t want to wholesale and I’m sure everyone can imagine why. My dilemma is raising capital to fund the project. Hard money loans will cover a certain percentage of the cost, but how...
Heidi Brown
Partner Investor Contracts/Terms
I found an awesome 6 unit deal for $425,000 through owner financing. I need a 50K down payment. I am not sure how to go about the terms with other investors for the $50,000. I am open to paying them interest on the 50...