Sam Kahl
Checklist for Buying Tenant Occupied Properties
Hi everyone,
I'm working on a blog for What To Ask For When Buying A Tenant Occupied Property and here is the list I have so far. Am I missing anything?
Ask to see a copy of the lease and look for the length of leas...
Juan David Maldonado
No woman, No Cry, Using Property Owned As Colleterial
Hey, everyone. I own five acres of land that is paid off. Nothing is build on the land. The value around $20k according to the local tax office. Can I use it as colleterial for a loan to add to the down payment amount...
Fred Gaston
Structuring Partnership Options
I am looking to begin co-investing with an experienced investor that currently owns 65 homes. Her strategy is to buy in marginal neighborhoods and cash flow them over a long term. Since she is fully invested, she ha...
Hemal Adani
Will paying off Fannie Mae loan decrease mortgage payment?
Hi All, I have mortgage from WellsFargo tell me that even if I pay additional payment to principal won't decrease the mortgage payment. is this true? They said minimum payment to be adjusted has to be $20,000 and they...
Paul Rumolo
How much to put away for taxes
Hello all, I am a newbie and about to close on a couple of properties here within the next month. Had a question in regards to how much tax money should I be putting aside each month from my monthly net income. Any fe...
Bryan Sanchez
Profit sharing on a Flip
Hello, I have been flipping homes with my LLC for the last 2 years. I became overwhelmed with the amount of work. I was flipping 3-4 houses at a time and I would do acquisition, I would mange rehab with my workers, an...
Nathan Mabery
How best to market an assumable VA loan?
Hello BP Family! Like many of you I myself am a real estate agent! With the landscape of today's interest rates how would you go about marketing a property for sale that has an assumable loans? Are you aware of any re...
Steve Candor
Confused on previous ownership - What is going on?
Currently Listed for $105k2003 TOM HILL purchased from HUD for $65k2004 MIKE HILL purchased from TOM for $33K2010 TOM HILL purchased from MIKE for $0.Tom selling the property for $105k now. What is going on here?
Greg P.
How would you "Tie" this deal up?
Hello, I have a guy who is willing to sell the house for whatever the bank is willing to take. He just doesn't want the bank to foreclosure. Fortunately, the bank is local and the bank is willing to accept a low of...
Christopher Wynkoop
Finance question
I have a simple question for some of you seasoned landlords. I have a family member that will loan me all funds I dont have available for a rental I want to purchase. After I finish all improvements and get a renter i...