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So, I've been eyeing a property that has been abandoned for a few years now and has some back taxes and tax liens totalling around 22K. My plan was to buy the property. The current Zestimate is around 115K. My only co...
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Is it a good idea to use a down payment assistance program? I want to get a house and I don’t have quite enough for a down payment I’m trying to think of ways to come up with a down payment I’m planning to use an FHA ...
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Hello, Y'all, My mother took over the delinquent tax payments to save the home. Her idea is to fix it up and live in it ONLY. I do not know why when my sister, father and I show no interest in living or moving back t...
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Hi BP community, I would like to form a real estate partnership with friends I've known for years to accumulate rental properties. My self included, there will be 4 members. This setup will allow us to accumulate...
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Hi everyone. I wanted to introduce myself because I am planning on getting involed in Real Estate investing soon. I am in the process of saving money for a down payment currently.
I am currently saving money for a ...
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Should I sell it on CD or sell it outright?
My goal is to buy very profitable buy and hold. the subject property is not profitable at all. I owe $210k. There is very little to protect in a 1031 on the property.
A)
I ...
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My friend loaned someone money for a real estate deal. The person does pay her back and she did report the interest income. But she wanted to know if she can deduct the principal amount that she paid to the person o...
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Hello Eveyone.I'm in need of your assistance. Or better yet, advice. I'm having to make some changes to my life like many of you. I need to find a way to make money for my family as I know many of you have to do as we...
Hi there, I am looking at buying a Multi-Unit investment property. I would need to obtain a Private Loan that would be paid back in 1 year. I have someone with an IRA who is willing to loan me the money at 6% inter...
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Hi,I have some personal savings and would like to use those to invest in real estate. But instead of investing in my personal name (for obvious reasons), I would like to use a S-corporation that I have formed to do th...