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Example: All in costs on a house $60k, sell for $100k (10k down and $90k seller financed @ 10% for 30 years). I would like to know what taxes are owed and if they are immediate or paid as the monthly payments come in...
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Hello Everyone,I am new to flipping. My question revolves around financing. Say I found a great property to flip. Can I use a traditional mortgage loan to flip real estate? Example below. Purchased price: 40k Rehab co...
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I am getting ready to close on my first rental property. It is tenant occupied, and I wanted to do some kind of welcome/transition letter. Does anyone have an example or ideas of something like this?
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Hey folks, I’m looking into a seller financing arrangement but I’d first like to ask what folks are seeing for seller finance terms in today’s market. Any examples of what people are seeing right now in the market? It...
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I just git done talking to an agent and she asked me to send my offer via email for her to relay to the seller. What is the best way of doing it? Do I send a Letter of Intent? What would be a good example email for me...
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Wholesaling is new to me, and I have learned a lot about it within the last month or two. However, it seems to me that it is an immoral thing to do (though maybe I am missing something, which is why I am posting this)...
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I have found a couple websites and search engines that all pretty much require paymemt. I am looking for recommendations before i decide to sign up and pay. Thanks
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Hello everyone,I have created a mission statement and would like it to be reviewed by the BP community, all suggestions are welcomed. Thank you"The mission of Viridge Enterprises is to be the most successful investmen...
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We like to use a little thing we call the magic formula. $1/Cap Rate = Valuation
At a 6% Cap Rate, Every Dollar of Income is Worth $16.67 in Value. Why this matters to an investor when looking at a syndicator is to f...
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Just want to make sure I'm up to date on the current national codes that different cities adopt requirements from. Here's a link I found: http://publicecodes.cyberregs.com/icod/ibc/2012/in...Anything better out there...