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BP,Does anyone has experience running into trouble getting title insurance on a property they purchased in a County Tax Auction. My business partner bought a SFR at a Wyandotte County KS tax sale. We have tried 5 diff...
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Hi BP, I'm being offered this note secured by a deed of trust for the following:Duplex:Side 1: 4x2Side 2: 2x1Sqft: 1,578Total beds 6, total baths 3Total Monthly rental income: $2,100Deal Details $290,000 Fair Market V...
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I have a deal which I structured owner financing in it, my plan is hold on to it and will either sell it at the end of the loan period or just keep it.
It is a SFR, ARV is ~ $450k, I am buying it at $461k. T...
Hi,Recently I flipped a few houses that were in my name only. However, there were 3 of us that went in equally to purchase the houses and all 3 of us split the profits out of my proceeds from the title company from a ...
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Hello,
I'm hoping I can get some advise and direction. I have a pension in a cash balance plan and I need to access some of those funds. I am not old enough to access them without it being considered an early...
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Hey Good Afternoon Everyone,
This question is primarily for the seasoned REI and or CPA
Here's a little bit of my situation. In my search for buying a home at 26yrs old this year, I stumbled across an ad for a fr...
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Hello BP fam, name's Ty. First post.Here to seek the collective wisdom of BP to help shorten my learning curve and minimize painful mistakes. Here goes (thanks to Chris Mason btw for this template):Short Term Goal: To...
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Hey all,I'm currently looking to purchase my first property OOS for 100-150k. The great deals that have been coming to me are getting swooped lightning fast, so I'm wondering if offering on all cash terms would help ...
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Good evening BP,I have been going through Zillow and Trulia and found 3 duplexs on 1 MLS (x2) and a 7 plex. Hard spot is three different sellers. Three different sellers under the same real estate company. Is it possi...
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I am using a HELOC and possibly my IRA to fund my first FLIP. My question is would I have to pro rate the amount I used in my IRA out of the profits and stick it back in my IRA or how does that work with flips and s...