We bought our property back in January. Our goal is to buy a property a year so I thought it was a good idea to open a LLP to manage said properties. recently we discussed this with an accountant and he said there wer...
I currently live in a 3 bedroom maintenance free townhome. My neighbor, in the other 3 bedroom in the building (4 plex), is selling her home. She may not be the best deal in town, but her asking price is the lowest ...
Im interested in this question for myself, and I'll give some details on my situation below, but I'm interested to hear what some of the experienced folks had for their experiences. I'm sure the range will vary.
How...
I'm all set to sign a contract for a seller financed property. When I asked what title company they used, they said they don't use a title company. This is a set of investors who work with a real estate agent. I'v...
I am working on a wholesale deal in Dayton, Ohio. I live outside of Houston, TX (Pearland) This is my first deal that may actually work, but its kinda complicated. I found this through my brother. This home is owned ...
My dad starting buying a piece of raw land for back in 1998 for $19,000. He made arrangements for nothing down and only 10% interest which came out to be $181.57 for 180 months with nothing down. He cleared the lan...
Posting on behalf of a family member:
“I am trying to decide whether to continue to rent vs. sell two investment properties. Two equally important goals: first is to maximize return on investment without eating into ...
Hi BP,I'm looking for any partnership agreement templates, language, or general advice regarding an owner-occupied multifamily investment I am about to begin with a lifelong friend. Most of this pertains to contract c...
Hi, I'm newly self-employed (~6 months) after resigning my W2 job and starting a business. Been trying to purchase a single family home in California as primary residence. Due to Covid, most non-QM programs have dried...
just wondering what is the difference? In simple terms.
To which one should I apply 70% rule?
Thanks, Arthur