I am curious to see what people have to say about this or if there are any suggestions. My wife and I have a group of people we know that want to invest in self storages. Each person is going to put in $50,000. My wif...
Hi BP,Any advice on my current situation would be greatly appreciated. I sent out a letter to absentee owners last week and was contacted today by someone who owns 20+rental properties and inherited a smaller commerc...
Hello! I apologize in advance if I'm not using the right lingo for my question.. still new at this :)I'm trying to figure out the tax implications of cashing out stock and using it to buy property. Even though we'v...
What prevents your end buyer from waiting out your option period and going direct to your seller? This implies that there is an option period - isn't there? To rephrase my question, if I put a house I intend to wholes...
Anybody knows what this is? and how does that differ from a conventional ARM loan?
Hello gang,I have a 3 bedroom 1 bath house, great location close to a very desirable area but horrible location to get in and get out (right where cars get off from the highway), no AC and old furnace, going to replac...
I am trying to help a friend figure out some home buyout options. She has asked me to help her find a real estate lawyer in Michigan, preferably near Traverse City and to come up with options for her to keep her home....
Hello Fellow Investors!I am quite new to the REI game, but am very excited and motivated to get my first deal going. I am in a bit of a tricky situation and don't have the experience right now to confidently pick a pa...
Home owner want out of the mortgage current let on loan is 125k
House ARV is 140
Owner willing to do an subject to if you find an buyer with in 15 days to pay next month mortgage and wants 5k to walk
Payments are 9...
This is now the third owner I’ve met who owns a dilapidated rental property (in an expensive market) who was open to selling but ultimately passed on the deal because of the capital gain tax hit. Their rationale was t...