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Results (10000)
Annchen Knodt COVID-related contingencies in OTP contract
3 April 2020 | 2 replies

Hi BP,Though I'm tightening my criteria and making fewer offers as we wait to see how this unfolds, I want to be sure I'm covering my bases in any offers I make so I don't end up in any tight spots due to issues that ...

Holly Lucas Advice on Analyzing Deal BRRRR or Flip
17 February 2020 | 2 replies

We purchased our first rental last year and are looking to scale up this year. In doing so, I am analyzing a property for a potential BRRRR and/or flip. Property was owned by a hoarder (shockingly enough the property ...

Juliet Hawthorn Looking for tax reduction strategies
2 June 2020 | 6 replies

Scenario: I buy 3 properties in an LLC and the properties are rented with a net income of $30,000 a year.I leave that money sitting in a bank in the name of the LLC. Each year I use the entire rental proceeds to reinv...

Pete Resendez Multifamily or Duplex: Month to month tenants?
3 June 2020 | 2 replies

I'm just getting into investing slowly and learning about multi-family and renting. Let's say I've landed a duplex property and it has month to month tenants on both sides. What would be the next strategy to move the ...

Austin Negron Successful repositioning of Virginia-Highland Triplex.
11 June 2020 | 1 reply

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Atlanta.

Purchase price: $650,000

Cash invested: $150,000

Strongly performing triplex in the Virginia-Highland neighborhoo...

Victor Nkhoma FHA loan changes for first-time home buyers?
8 May 2020 | 3 replies

Spoke to a couple of lenders recently who mentioned FHA loan minimum credit requirement is now 640, not the 580 I initially heard. Possibly due to Covid-19 adjustments. Not sure. What have you guys heard or know anyth...

William Amiteye Looking for investor contract
12 January 2020 | 5 replies

Hi Guys, so my business partner and I have an investor looking to invest in a multi-family property we are about to acquire. His investment will go towards acquisition and stabilization. We will give him a guaranteed ...

Dan V. Insurance Coverage & Cost for First-time Flip
13 January 2020 | 2 replies

I'm working on my first flip property and currently shopping for insurance right now while waiting for the inspection. I talked to one local agent so far and the quote was a little over $900 for a 6-month builders ins...

Amit Rana Refinance or float
25 March 2014 | 4 replies

Hello!

The condo I live in was bought using 5/1 ARM back in 2005. The ARM rate began floating in 2010 and since then the interest rate has been around 2.625% with next adjustment happening in April 2015. I ha...

Paul L. Keeping imputed interest from increasing price
28 February 2017 | 2 replies

I have a deal for $135,000 with 0% interest. This is in the form of a promissory note in exchange for the house. The seller is worried about tax liability down the line. Instead of a $135K loan at 0%, could we say som...