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I had someone reach out to me this morning with a question regarding their rental property. Currently, there is negative cash flow by a few hundred each month if you also include maintenance and vacancies into the li...
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I own a 3-unit multi-family with a business partner. The mortgage is in the name of my business partner. The interest rate is 4.5. We put 5% down when we first purchased it in 2019. The loan is not assumable. I want t...
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Seeking informed opinions on the best tax avoidance strategy...I own a SFR in NoDak. I purchased it ($265,000) in 04/2022 for #2 son to live in while he attends college. I have been deliberately managing it as a ren...
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Hi everyone! I need advice!Alrighty, I'll cut right to the chase. I started mailing out letters this week to tax delinquent properties with absentee owners in my area. To my surprise, I got a call from an owner with...
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175000 owed, ARV 280k.... renters are in place paying 2k on a 48 month lease. Looking for lenders not brokers for a Cash out refi with the least amount out of pocket. Thank you in advance.
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Thoughts on buying a home in one of your LLCs and renting it to yourself?
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Forgive me if this has been asked before - Can a seller add his own money to the money made at sale of a property to pay off a mortgage balance? Say the balance is 43k and I buy the house for 38k - can't the seller ju...
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Hello friends! I've found a 5 unit for sale. They bought it at a tax auction last year, gutted it, and ran out of money. They just want out. The problem is that they some how now owe 10k in taxes because the did not ...
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I have a list that I built myself and plan to do a direct mail campaign to everybody that owes at least $10,000 in taxes which in my area would usually mean they are behind by at least 4-5 years. I have a list of prob...
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I am new to Investing, and I'm getting involved in wholesaling. From reading and listening on BP, contacting property owners who owe back taxes seems like a good strategy to find sellers. I just don't know how to f...