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Hello everyone! Have a question when it comes to seller finance. How do you calculate how much a seller would end up paying in taxes, closing cost, agent fees, etc. if they sell their house on MLS in California (Mode...
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My wife and I have been debating on a seller finance deal offered to us by a family member for a rental house. 3 bedroom 1 bath house recently renovated in B-C class neighborhood. New HVAC, carpet, kitchen and ba...
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BP community,I have a friend who is interested in providing his capital for me to acquire multi-unit rental properties. This friend is in a high tax bracket and as a result is not interested in the cash flow or even ...
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I am extremely interested in a property in Life Estate Hold. Does anyone have any experience with how to purchase such type of property? I have sent an email to one of the trust representatives and also mailed out a m...
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Hi there,I'm new here and am learning a lot from the podcasts and reading through the forums. I live/own in Seattle and have 1 multi-family rental property (with a business partner) in Tacoma and a short-term rental/...
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I've google this topic and searched on forums and most posts seem old/outdated.Situation: I currently have 1 primary mortgage. I started a business 7 months ago so conventional lenders are all saying no due to requiri...
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Hi everyone, I just married last year. Both of us have our own mortgage for more than 2 years. We are looking for a bigger place to live. One of the place will be for my parents . Shall we rent out the other or sell i...
Hi BP! I hope ya'll are looking forward to a great Labor Day weekend! Here is the scenario and numbers for a property I've purchased at auction and I'm struggling to figure out which is the best play/course of action ...
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Hello!I would like to purchase land near where I live. The land would be multi-use; some farming, some residential, and some airbnb.
The idea so far is to get a farm loan. From the people I spoke with, at least some...
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My business partner and I received a bill for $3,000 through our CPA for filing k-1s on three properties in 2019. I wanted to get a second opinion on the bill before using them again on our 2020 returns. Does this amo...