Doug Vigliano
Free & Clear House, Best Exit Strategy?
I am in the position to take over a house via QC deed from a long-distance relative, the agreement is $10,000 cash paid to the relatives guardian. Additionally there is about $4,000 in back taxes owed. The house need...
Autumn Alexander
Eye on Two Beginner Properties
Ok. So I was looking on Craigslist, and I came across 2 properties I think will be good to start with. I need advice. Home #1: $30,000. 2b/1ba. Comps in the area around 85-95,000. University very close as well as ele...
Nic Jones
Need a REI forms or ATTORNEY for MD, DC, VA deals
Hi everyone!I live in the DC Metro (Maryland, DC, VA) area and need an attorney referral to draft forms (letter or intent, purchase contract, subject to contract, lease purchase, etc) or if someone could tell me where...
Michael Kay
Oakland California lending advice for 5 unit multifamily
Hi hi friends!Here's my situation: I found a pretty good deal on a property that is 5 units in Oakland California that has a lot of upside potential. Originally I wanted to use an FHA residential loan to house hack bu...
Andrew Martel
Looking For Options
When I first bought my home, I was under the impression that I would be able to rent it when I moved. However,I just did the calculations on my home and it is looking like i will not be able to rent my home out wh...
Joseph Mena
Multi family loan
Are the going/common down payment minimum for duplex's (20%) tri/quadplex (25%)?Investment property (not primary residence)
Felix Contreras
Foreclosure and Subject to
I have recently started to look at options with subject to and mainly focusing on foreclosure in the area of Greensboro. I am new to this method and have only ever used traditional finance that includes Va and convent...
Mstee Hill
Seller Financing Questions
Hello everyone! Seeking clarity on seller financing... If I find a property on the MLS and the seller is willing to finance, how is this transaction usually carried out? Does the buyer deal directly with the owner or ...
Willie Bunche
Seller Financing/VA Financing Combination
Hi Team,There is a MultiFamily home that we are considering. We are considering 2 options = VA Financing and Seller Financing. The asking price is $750K. We know the last assessed value was $500K. The sellers are ...
Account Closed
Tax on Seller financing
Im considering a seller financed deal on some properties where I have significant gain. The properties are worth about $220K, Purchase price was about $145K and of course deferred depreciation for about 7 years so tot...