I tracked down the seller for this property I want.  He will sell me the property for $500 bucks but only as a quit claim deed.  I checked the property and it needs about 30K in repairs.  My concern is there is a mort...

Our IRA adviser is trying to convince us that capital gain taxes will eat up our profits and want us to keep our funds in the IRA or transfer them to a 401K instead of closing these accounts and investing them in our ...

I am closing on a house today that my concrete contractor wants to buy on a land contract.Frankly, i dont know if i want to sell any of the houses that we have, but he keeps pushing me to sell it after we close.can yo...

My wife and are working hard to make career transitions into real estate investing.   We are planning to do our first deal(s) before the end of 2015.I currently have a well paying job with a reasonably high net worth ...

Hello Everyone,So…my wife and I bought a 4 unit property about six months ago, using conventional financing(20% down).We have added some value, and are making pretty good money(finally…took a few months).The people we...

I am looking to refinancing my 4 plex building in Skagit County. I've found two different options from banks.
The large neighborhood/state credit union:
Good rates 4.25% for a 30 year fixed mortgage65% LTV
They con...

All - Here are my basics and thank you very much for taking the time to respond:- Property 1 - Leveraged, P&I payment of $1400, rents for $1850 (Paid $250k, going for $280k) ... For kids college- Property 2 - Leve...

Hi forums, hopefully this is a straightforward question.  Is 30% on s hard money loan unrealistic?  It's 3 months with the interest paid upfront.Through a connection life long friend I've got an offer for hard money l...

Jurisdiction: IndianaI signed a contract with a guy back in December. The contract stated that I would furnish $20k towards renovations to the house in my name. The work would be done within 60 days. In return he woul...

Tenant has lived in property for 10 months and has always paid rent in full. Tenant recently lost a job (but found a new one!) and proactively communicated this to the property manager. Tenant is supposedly waiting ...