Mark Spelman
Seller Financing Cash-Flow Issue
Hey BP Friends,
I’ve dug up several seller-finance deals lately in an effort to acquire more properties for less money down than your typical 20-25%. The last two opportunities I’ve had, sellers are willing to finan...
James Dillard
Rental 2 of 5 years lived in, sell before 5th or hold on?
I have a property that I lived in almost 3 years ago before I started renting it out. If I don't sell before the end of the year I will have to pay capital gains taxes. I bought the property for 165000 and I currently...
Buddy Platzke
Sell it or rent it?
My primary is sitting since I bought it 7 months ago. I live with my now wife and want to sell it or rent it…. Or??? I paid 226k owe 213k could rent for $1600 with mortgage/insurance at $1190. It has great appreciatio...
Sean Harris
Upping your HELOC with funds drawn
My wife and I have a HELOC that I will be using to pay for some of the down payment on a house. We got the HELOC about 3 years ago and since then the value of our home has gone up quite a bit. So my question is can I ...
William Coet
Is there a Minimum length of time 1031 funds need to stay invested?
If a multifamily property is sold and funds reinvested into a syndication, is there a minimum amount of time the funds need to be invested before they can be collected without the cap gains penalty of the original sal...
Keenan Rusk
Lien Waivers for Subs and GC
I am in the process of finding contractors to complete a rehab in Baltimore. Meanwhile, I've been trying to gather forms to generate my own contract to use with any general contractors/subs I hire. I've read numerous ...
Shawn Connors
Possible Subject-To????
Hey BP Family,So I went and looked at my first house today from a small Pre-Foreclosure mailing i did last month. here is the low down-- The house is 896 sq ft and their is a large, spacious unfinished basement, need...
Jimbo Rocks
Rental Real Estate Loss Allowance?
Our AGI is over 150K. I realize there are incentives to owing investment property but is there any tax incentive when you make over 150K? I can no longer claim my loss from rental properties. So is there a tax advan...
Timothy Albright
Owner agreed to seller financing, owes on home
Good morning all,I have a potential deal. Home plus 10 arches total deal is $450,000.00. I’ll be using this as my primary residence. A few years ago the owner borrowed against the property and currently owes around $1...
Matthew Kirkendall
Sell or rent!
I have a home that I had built two years ago. I currently owe approximately $325,000 with a super low interest rate. My girlfriend and I recently moved in together in her house. A realtor told me that he can sell my h...