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Hello Everybody,
Im currently looking at properties to Buy & Hold, and I ran into this deal and Im trying to see if it is a good one or not.
Asking Price: $139,999.00
Down Payment : $6,800.00
...
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I recently built a house and with the loan it was for 300K for 30 years . I have heard of you make one extra payment per year to principal it would cut down your loan to about 18 years. My question is does anyone know...
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Can someone explain something about the buy, borrow, die concept of avoiding income taxes? I understand that you don't pay taxes on borrowed money. What do you do with the profits from the company to avoid income t...
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Hello Everyone,
I was at a local real estate investor group meeting last night, and I was told something that I could not believe at first. I was told that amortizations are never good, especially for 30-year mortgag...
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Hello!I'm looking to purchase my first investment property.I met with a couple of local investors/brokers yesterday with the intent to analyze multi-family properties. I was surprised that they steered me away from th...
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Is there a scenario that exists in which it is reasonable for a seller to refuse to share their Profit and Loss statement covering the most recent 12 month period for the property under contract? I think it is a deal ...
Where I lack understanding is at what point do you start making money for example you buy a duplex lets say it was 300k the monthly mortgage is 2,500 each renter pays 1,500 thatd 500 cash flow which is I guess “profit...
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Hello everyone,
My name is Cris. New to the wholesaling and trying to find direction. Just created my BP account, looking to build relationships and learn as much as i can while being of any help to others. For the ...
Hi
I'm looking to buy a 2nd rental property out of state in Ohio. I'm trying to figure out a way to put little to no money down for the loan. I can't do FHA since I wont be living in the property. I wanted to get a ...
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A little over a year ago, I wrote a post that received over 10k views. Based on the popularity of the post, I thought it might be worth posting an update, especially because the outcome is quite ironic! Before, I get ...