I have three listings and several more in process, so selfishly, I wanted to start a thread where we comment on off the shelf software tools and best practices for managing listings when you have several or many. Let...
I am purchasing a vacant land property for $1500 and do not want to spend almost $600 to insure it. Does anyone know of any title companies that are willing to handle the transaction without issuing title insurance? ...
Theoretical deal:
3/2 in South Carolina
I purchase this property, rehab, and resale with contract for Deed. Buyer puts down 5k and sign contract for deed of 65k. Comps support value of 70k. Nice working class neigh...
So I just got approved for $150k SBA EIDL under my design biz (not real estate related biz). Terms are 3.75% interest rate w/ 30yrs to pay. $731/mo (P/I).. First payment does not start until after 12mos from disbur...
In 2008 I purchased my first home and qualified for the $7500 tax credit loan that requires a repayment over the next 15 years. I made the $500 payment in 2010 and 2011 but in 2012 I converted my home to a rental pro...
Hello,I am interested to hear from the landlords that have 40hr/week jobs. Specifically ones you can't break free from during the day. My goal is to replace my income with rental cash flow before I CONSIDER leaving my...
My understanding of Dealer Status is that if you are flipping on terms (in my case: buy on terms, fix -or not-, then sell on terms) then you lose the ability to be taxed as an installment sale where your gain is sprea...
I'm in Memphis and typically look for wholesale deals. I came across a deal too thin to wholesale but I think it would make a great Subject To (sub2) deal.The current owner owes almost $50K, the house is worth around...
I am grateful for BP and those that offer their advice in the forums. I'd be in a completely different situation without it. I am 18 months from the termination of my military service contract (ETS). I'm in my reenl...
I bought a house for $63000 7 years ago I owe $51000 now and value of home went up $10,000 since I bought ..its a owner finance my friend owns house will appraise for $84000 -$90,000 should I try to get a mortgage for...