Hi gang,
Long time listener, first-time caller seeking advice on a 2-family we own north of Boston:
OVERVIEW:
- 2-family w/3bdr 2ba downstairs and 2bdr 1ba upstairs
- Market Value: ~$580k
- Current loan: $118k / ...
I have a NJ real estate license and have 7 completed lease option deals, 1 so far has closed, the rest are moving along smoothly. I went to an attorney to be sure my documents were Dodd-Frank compliant and received s...
I own and operate 7 MHP communities in Florida. I have a elderly MultiFamily property seller that wants to avoid capital gains taxes in his lifetime by implementing this unique deal structure which my CPA said would w...
Hello!
I need to ensure that I understand the different main contracts that wholesalers use. I have quite a few questions about them, so I apologize in advance for the length. I have been searching BP for answers o...
Hi BP community - I need to draw on your knowledge and experience again.
I am confused about the relevance of a lease guarantee in the lease agreement. If tenant goes out of business, he still owes rent for the r...
Hey guys! I’ve been doing a ton of research over the last year, and lately, I have felt much more comfortable moving towards the taking-action part of investing. Im already working towards putting together a business ...
As Dodd Frank Act coming, I can see that LO investor should use MLO ( Mortgage loan originator) as our middle man to structure a deal. I used to close a deal in an attorney office. My question is if you put a MLO i...
I am not sure this is a unique situation, but it is to me with an existing tenant. Early this year, I found out that our tenant was wanting to purchase a home vs. renting long-term. I let them know that I would be ope...
Hi BP Community, Seeking some strategies/advice on how I, as a buyer, could structure a purchase with a seller who has a duplex free and clear to help reduce the appreciation taxes on the sale. This is an older owne...
Ok so I could potentially work out a deal that could make me some money. The property is located in Atlanta GA. I want to here your opinion on the deal. Seller bought the property for 19k and fixed it, he is asking fo...