I have 12 houses that are seller financed (lender’s name is Shirley). Total loan balance $1.130 mil.
Shirley bought these houses in 2012 at a discount. I am estimating $500k was the purchase price for all 12.
Cu...
So I am wondering if I should sale my current home or rent it. I need some assistance, I tried using the calculator but it didn't work. The reason I am looking into renting is because my wife and I want to move with m...
Just took my entire life savings & purchased an investment property all cash & I purchased under 50% market value . I need to put work into it as it is not renovated . However I immediately had an opportunity ...
Hello all! I am a long time lurker here, living in the North fort worth Texas area, and have been out of the game for a while and need some help before finally making my next move.
I have two properties, a primary r...
In property investing, “wholesaling” refers to buying properties at a discount and quickly reselling them to another investor without completing rehab work. Generally, when you buy properties to wholesale, you are in ...
I'm currently saving up for my first investment property. For the last year or so I've just been using a savings account to store cash. Are there any other areas I can invest this money or store it that will provide a...
Hey everyone, new to BP and have lots of questions. Sorry if this question is too broad or basic.I am trying to understand a basic tax scenario. Let’s say you sell a rental property for a 100k profit (just to make it ...
We are just beginning this journey and looking for our first property to buy, rehab and flip. We are looking for advice on types of financing for projects like this that are straightforward. We are honest people looki...
Hello everyone,
I find myself in a challenging financial situation and would greatly appreciate any guidance you can offer.
I have a pending income tax payment of approximately $200K for the year 2023, due by Septem...
My brother in law and I are taking a different approach. Find cheap lots in lower income areas. Build small 3 br, 1.5 baths homes. Doing a lot of construction ourselves. Less repairs/maintenance, better utilities ...