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Just curious when is an owner finance a good idea? And what kind of term is reasonable ? I know someone that has a 4plex and a duplex that want to sell it but unfortunately I don't have cash or enough finance to for ...
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Hi all, I have income that comes in from the highest tax bracket possible (over $1mm a year). I do have a strong CPA but was curious if anyone has any tips on things to look into that I might be able to do before the ...
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How should I go about approaching my agent with seller financing and then negotiating terms with the seller?
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Hi,I'm looking to leverage my first property to purchase a second property. I understand there are specific methods like cash out refinancing, HELOCS, and equity loans. If I take those out like a HELOC how do I actual...
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Hello,I have recently started an LLC and have a personal house. I have 2 room mates moving in that will pay roughly $100 more than the monthly mortgage cost. I would like to take the rent payments in through the LLC t...
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Good morning BP community. My question today is on using partial seller financing and a private lender, I would like to know if this general example would work . (Not real numbers)So I recently found a deal for a cash...
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Hi BP friends,I was researching 1031 exchanges and couldn't find a concrete answer to my question. Imagine this scenario;An owner bought a building at $350K with a conventional mortgage. Owner sells building for $1M, ...
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Under contract on a duplex and it seems that the current owner does lawncare. Any ideas on how to push this onto tenant? No garage so no place to store lawn equipment. Increase rent and pay law service out of incre...
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Hi, looking at doing a 1031 exchange; property being sold will net $545k; capital gain will be around $150k and I will end up with around $320k in cash. Let's say I find one replacement property for $320k that I buy ...
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Hi Everyone, I wanted to know if anyone has experience renting a home or condo to multiple individuals? I am planning to rent my condo in CA to 4 individuals, the condo has 3 beds and 2 baths. I will be paying utiliti...