Brie Schmidt
Tax Questions about Flipping
I wanted some feed back to make sure I am analyzing this correctly. We are considering doing a JV flip and would reinvest funds. I wanted to make sure I am looking at the tax implications correctly. This would b...
Marc Steinert
Importance of buying below market value for buy and hold investor?
Obviously for flipping poperties buying below market value is a must, but is it as important for a buy and hold investor? I have found a property that is at market value but cash flows well. List price is $79,000, ...
Rav Ram
How do you do a wrap around mortage and have one insurance policy for buyer, seller and seller's lender?
Does anyone know how to get one insurance policy that covers everybody at the get go? I can't seem to find this.
As the seller, I need to have the insurance for my original lender, but i want to cover the ...
Qamar Zaman
HOA not paying for water and sewer
Hi
I own a condo in a complex in Phoenix, Arizona. The CC&R's state that the HOA pays for water and sewer. In actual practice, each unit has their own meter from city and the unit owner or the tenant has to pay wa...
Zachary Harris
Lease Options? Wholesaling?
I've heard a great deal about lease options and wholesaling. I understand the gist of each method. Lease options are pretty much rent to own correct? Why would a seller choose that option rather than getting their ...
Bill W
Where are you finding 2% deals
That are not in a war zone? My area 130K 3/2 house rents for 1000-1100 per month max.
Tiffany Alexy
Portfolio Lender - NC?
Hey BP,Looking to obtain a portfolio loan across a few properties to leverage up a bit. Lima One does 8% but I'd like to stay around 6% if possible. No pre-payment penalty preferred, though if there is a 1 or 2 year...
Spencer Young
New Buy & Hold Investor from Aurora/ Joliet IL
Hello BP community. My name is Spencer and I officially became a landlord in the Southwest Chicago Suburbs as of a month ago. My business partner and I just closed on a Duplex in the West Joliet area.I haven't been ve...
Peter C.
Is it possible to purchase a lien or note to a specific property?
I am in the early stages of learning about notes and tax liens. Is it possible to purchase a note or lien on a specific property? There were 2 scenarios that brought this question up in my mind.If I drive for dollars ...
Tony Marcelle
Are leftover tax deeds bad investments?
The state has a ton of unsold tax sale properties that have an expired redemption period. Is it not worth trying to profit from these properties held by the state? Once you become the new tax deed owner, how soon w...