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Results (10000)
Justin Fraser Seller changing his mind
24 October 2013 | 12 replies

Good morning BP! I'm hoping some of you with more experience can give me some insight into my current situation.

I viewed a good cash-flowing duplex (even planning on 60% for expenses) on Saturday. On Tuesda...

Brandon Hicks Greed. What's it costing you?
7 December 2014 | 13 replies

What's better, to lose $20-25k over 20-25 years or to lose $400-500k over the same timeframe?

Congratulations if you answered $20-25k, you have a better shot at becoming a multi-millionaire entrepreneur than a well-...

James Piercy How does received a $50k gift affect taxes?
29 November 2017 | 9 replies

Hello Everyone,If my mother is to gift me $50k and I set up a payment plan to repay her, how does that work with taxes?  I had never heard of being taxed on a gift (silly me).  I was originally going to use the gift a...

Joseph Liechty Using HELOC to pay off mortgage
22 March 2019 | 7 replies

Hello,Does anyone have experience using a HELOC to pay down a mortgage?  I recently heard about this strategy and I'm intrigued.  I don't understand how this is more beneficial than just paying more towards the princi...

James Denon Backing out of a great deal because of coronavirus covid-19
26 March 2020 | 37 replies

This is unprecedented. Once in 4-5 generation event.
I had multifamily that I was supposed to close on next week in Springfield Massachusetts. It was a great BRRRR deal given the hot market conditions. All in with re...

Leander Mcfadden Property Tax deeds buying
8 October 2019 | 8 replies

From a company name property Crafters LLC stating that they bought a tax deed on my property so I go look into my property tax records and there is no record of me owing the county any property tax money then I look f...

Jamane Y. Owner wants to sell house owes back taxes
22 July 2016 | 6 replies

I was contacted by an owner of a house in poor condition. She owes about $11,000 in back taxes on the property. The tax assessed value of the property is $58,364. She told me it is 3 bedroom 1 bath. 988 sq ft. The hou...

Willis Seng equity vs mortgage
15 June 2008 | 6 replies

Does mortgage really matter when your flipping a house? Say I bought a house and it took me 5 months to sell. So in those 5 months, I had to pay mortgage which contributes to my equity. If I sell it, wouldnt that e...

D.J. Parten Looking for my first deal
22 February 2020 | 4 replies

My dad and I decided that we would start investing together. He has the money, and I have the time and have been studying for several years now. We ended up getting two properties under contract that looked like great...

Tremaine Jeffries Is it smart to use hard money to get REOs then refinance ?
21 September 2020 | 4 replies

I’m a virgin to this RE business. I have been reading about strategies on how to get RE with low to no money. I see the best deals are Foreclosures. Has anyone tried using hard money to fund auction acquired property?...