Freddy Pettiford
Seller finance deal
Hey everybody.I am in conversations with a seller who owns her home free and clear. She initially wanted to do a lease to own on her property. She has agreed to do seller financing on this property at these terms:Aski...
Lan Nguyen
Manufactured Home for cash flow in SoCal?
Hi BP, I am a newbie so bear with me. I recently bought a SF and house hacking it with family members, it is negative cash flow of course, but not too bad.I am qualified for an FHA loan for another SFR or MFR.But it i...
Pete Davey
First time seller - seeking advice about renting or selling.
Hi - I am in a situation and want to ask "what would you do.."?I own a 2+2 Townhome in Orange County, CA. I owe - $289k.I listed it for sale, and got a ton of interest, picked a buyer, and started escrow. $5k was put ...
Zachary Parrish
First Time Investor: What could I be missing about this condo?
What are some common things to look out for when purchasing a condo, especially noting I'm a first time investor?I am soon to be afforded an opportunity to purchase 1 or 2 off-market condos in a prime location in a re...
Herndon Davis
Should Your First Primary Home be a Rental/Commercial Property?
It's time to dump conventional wisdom, conservative thinking and the status quo when it comes to real estate investing. In this day and age there are multiple methods to buying and investing in real estate. But what...
Herndon Davis
Should Your First Primary Home be a Rental/Commercial Property?
It's time to dump conventional wisdom, conservative thinking and the status quo when it comes to real estate investing. In this day and age there are multiple methods to buying and investing in real estate. But what...
Nick Walley
Starting out- tax benefits
Hey BP! First post and it’s great to meet you all. I would love some advice / perspective… I live in the East Bay Area here in CA, have a great W2 and good sales commissions, and want to start RE investing. I’ve been ...
Jesse Scroggins
Low Cash Flow-- But What Do You Think ??
Help me analyze this deal and make sure I’m not missing something.Backstory: I’m currently purchasing two duplexes from this same investor via owner finance. Currently 3 years into the deal without a hiccup or any iss...
Bharath Janakarajan
Oil tank leak negotiation
Hello pros,
I am in contract to buy a short sale "as is" property in central Jersey. During inspection, we discovered there is an abandoned oil tank and soil contamination. The realtor is saying we can get ...
Sean Haberman
Farmland held in S-Corp- perpetual easement question.
Hello,I am working with a client who has farmland held in an S-Corp (current tax basis is approx. 5% of market value), It seems there is not a way to sell this property without having to pay capital gains, since it is...