John Armando
BRRRR with seller financing
Hi All,I’ve identified a property in my area that has been vacant for a number of years (previous owner passed away) and is currently owned free and clear by inheritance, based upon my research + local RE attorney. I ...
Brandon Forshaw
$65k to invest!! Ideas?!
My in-laws are gifting my wife and I $65000 to invest in buy and hold real estate. I'd like to hear your ideas on how to best use this amazing opportunity.
John Chan
Inspection Necessary?
On distressed REO properties, how many of you would recommend to get an inspection done? A friend of mine was telling me it was absolutely necessary because of the chance that there would be faulty wiring and such. I ...
Leslie Phelan
flipping without capital?
I just spoke with a real estate broker who also rehabs and rents. He told me that at least in ny if I don't have capital It's going to be very hard to get into investing and flipping foreclosures without it. From what...
Jason Chambers
Has anyone tried an online notary? Is it legit?
Has anyone here tried an online notary? I'm in the military and had to leave on a deployment with only a day's notice (it's so time to retire!). We were right in the middle of a deal and need a notary to firm up some ...
Antonio Bodley
Should I tell seller no?
I had a seller ask me, "When a home is under contract can the seller still attempt to sell?" I was going to tell the seller no it's not possible to do if it is under contract. Of course I don't want the seller to se...
Allende Hernandez
Lease/Option my current house? Please help me to shape the deal
Hi folks,(Posted this before under a different category then found this one, didn't know how to move it)I'm considering moving to a bigger house and my decision is part will be based on how to make the deal work in my...
Kumar Paj
SDIRA vs Solo401k - IRS have any issue with Checkbook control?
I've been looking into SDIRA vs. Solo 401k options for a while and read many posts related to that. Based on my reading and understanding, it seems that that Solo401K is a much better option than SDIRA-LLC and one can...
Todd Bullinger
Lease option creits
I have a property that I'm looking at doing a lease option with. My question involves the monthly rent credit.
Monthly rent = $575
Rent credit = $150
Total monthly payment = $725
Agreed sales price = $62000
Initial ...
Ryan B.
Why a business line of credit?
Forgive my ignorance, but I just want to make sure I am thinking correctly.
I have a home equity line of credit that is open and I can draw cash from whenever I want, is a business line of credit along the same theor...