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Results (10000)
Todd Swalin Transferring property with a mortgage
28 May 2024 | 5 replies

My primary residence is owned in a family business LLC. I would like to transfer the property into my own name so that I can utilize the equity to acquire rental properties. I would prefer not to refinance as it would...

Account Closed My 10 unit has a time bomb balloon payment and I need to move it. Ideas???
4 November 2015 | 24 replies

Hello everyone,I manage a 10 unit complex here in north Georgia. We just had a commercial appraisal come back at $850,000. We owe $518,000, but it's a balloon with 3 years left. We are trying to figure out how to move...

Jeff Schroeder Anyone have experience with Elite Investing in Chicago?
20 September 2018 | 16 replies

This company in Chicago has a seemingly nice business model for turn key REI passive income. They try to find less expensive but non crime infested neighborhoods, purchase old brownstone or greystone homes with solid ...

Steven Cowles Sheriff Sales - Any inside help?
11 December 2019 | 18 replies

So I have bought several properties from my local sheriff sale. Pretty straight forward process. Get the list of houses, inspect the outside of the homes, check title, try to buy it low enough that you can make money....

Steve S. Opportunity Fund or 1031 Exchange: Which is better?
19 June 2020 | 3 replies

The 1031 Exchange has been one of the most tax efficient investment vehicles available to real estate investors for many years. However, with the creation of Opportunity Funds under the Opportunity Zone program, the 1...

Jason Schatz collecting late fees from tenant
11 August 2019 | 16 replies

I have been reading a lot of the good posts on here about structuring of late fees and it has been helpful.  My leases currently have rent due on the 1st with a 5 day grace period and a flat late fee of $50 after that...

Shari Posey Paying off rental props vs. tax deductions for mortgages?
22 April 2008 | 5 replies

We have a couple of rental properties that are almost paid off. We also have a very large mortgage on our personal residence. We have no other debt.
My thought process is to pay off the rental property with the smalle...

Care Peel Did I make a mistake? Walked away from this deal.
8 February 2019 | 3 replies

I spent months trying to get this deal and ended up walking away mainly because I couldn't see how to get my money back when I tried to do a cash-out refi.  I would think buying a home with an ARV of 78K for 45K would...

Jordan L. What is Creative Financing? And Who does it?
29 January 2014 | 9 replies

What are the advantages for doing Creative Real Estate financing? If I can get a personal loan from a credit union to put a down deposit on a property, Is that consider Creative Financing? Can I have list of all t...

Jason H. Best use with a year of rent upfront?
28 September 2016 | 7 replies

Hi BP Community,I'd like to survey the forums on the best use of a year's worth of rent paid by a great tenant upfront on a personal residence that is just in the 1st year of a 30 year conventional.  Leave it in the b...