can someone throughly explain cash back at closing? more specifically, how the deal is structured? what the lender requires?
Looking to connect with an experienced CPA who has experience working with private money lender's. I work with Private Money Lender's to acquire multifamily properties at a favorable basis as an "all-cash" buyer. I th...
My wife (a realtor) and I have structured our entities so that we have a partnership on top, below that several LLCs, and each LLC has one or more rental properties. Used to have five rentals, now down to three.We now...
Good morning everyone! I was wondering if I’m looking for more turnkey properties what would interest people into being a cash partner with me? Like since I’m not adding value to it I can’t just refinance and take the...
Hi, does anybody have suggestions for the best way to minimize taxes for this? My parents have a rental property, owned free & clear, that they want to sell to me. They want the money as a lump sum instead of mont...
Hey guys , I’ve never heard anyone mention this and I was wondering if there was a reason why. How come landlords that own rental properties don’t put solar panels on the roof to get the tax credit and also save the t...
I just looked got information on a website at sherriffs office while i am at jury duty. I live in St Louis and went to website and saw properties listed with the name of owner , address , and taxes owed. Can i purchas...
My husband and I are planning to do our first flip.. we've been researching different kinds of financing and see hard money to cover the purchase price and a heloc for downpayment/reno costs as our best options. We h...
Hi all just wanted to get your thoughts on these two auction wins:
property 1: won at 96.5K, Appraised value at 180k. est rent 1400.
property 2: won at 77k, appraised value at 160k. est rent 1200.
assuming 20% do...
First off, thanks for any replies in advance, as this is my first BP post!So I still have my first primary home that I was fortunate to have bought in 2013 (bottom of the Fairfield County CT market by rough estimates)...