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Results (281)
Steve S. When should I pay off my mortgages?
13 March 2017 | 18 replies

One of my goals has been early retirement. 2 of the rentals I own are going to help achieve that goal. Here's a quick summary of each: 1) 30 year mortgage, 4.125%, $1,350 / month rent, 30% equity 2) 30 year mortg...

Jimmy Mooney Using credit to purchase a property and then immediately cash-out refinancing to pay it back - is this possible?
30 April 2015 | 20 replies

I have a small amount to use as a down payment but a lot of the properties I'm looking at are "cash only" and no financing available. Is it possible (with good credit) to get an unsecured line of credit, use my own ca...

Tyon Pascal Any Advice on Owner Financing?..
23 February 2015 | 20 replies

Hey BP. Currently have an offer in on a property. The seller/owner is willing to do owner financing. Zillow has it for 200 + and the county has it listed as a multifamily. We have agreed to write up the contract for 1...

Amy Denzler Seller Passed Away while Under Contract
22 July 2024 | 19 replies

Here's the situation.  . .I am under contract on a property that was supposed to close next week. Unfortunately, the seller passed away and does not have a will or trust. So it looks like this will be headed to probat...

Jimmy H. Intentionally Paying More Taxes?
8 March 2013 | 19 replies

I had a funny thought pop into my head as I began to prepare for the upcoming tax season: should I intentionally pay more taxes (by not taking all deductions/credits claimable) so as to be able to leverage that income...

Derek Steinmetz FHA Owner Occupancy Requirements - Less than One Year
29 July 2017 | 9 replies

In July, I moved into a 2 family that we purchased using FHA financing. We are now interested in moving to another area of town. I know you are supposed to owner occupy FHA properties for one year, but I am having ...

Aaron Millis 1041 exchange question here
17 December 2018 | 8 replies

Hi BP,So I know that the jist of the 1041 exchange is that you can keep deferring your capital gains tax when selling properties and buying new ones. I also know I've heard that if you live in a property for 2 of the ...

Marcus Welson Complex Exchange Scenario for Rookie Investor
27 July 2024 | 4 replies

Hello everyone.
First time poster.
General Background
Newbie investor
No credit available (poor credit and repo due to major health issue).
Multiple tax years of returns due (nominal to no income)
Unplanned ow...

Stephanie Dupuis Anyone have experience with GSA Government Auctions?
9 June 2014 | 30 replies

To clarify - GSA is the General Services Administration, a branch of the gov't that buys property (residential property) for gov't use and then will sell it later at auction to recoup their expense (is this accurate? ...

Ali Syed Living in New York, Considering Out of State Investments
12 November 2020 | 21 replies

I am 30, single and currently live in long island, NY. I'm currently in a very forgiving circumstance, where I am living for free at my family's home. I've saved a good amount of money this past year and due to covid,...