Pat A
How is mortgage affecting wholesale deal?
For a wholesale deal, I read somewhere that one of the question to ask the seller is "How many years left in mortgage?". My question is why ask. How is it affecting a wholesale deal???
Does that mean my offer shouldn'...
Joseph Lewis
Can I pass down the association fees to the tenant?
I would think you can do it legally. Im wondering if that common or if it's something landlords generally pay themselves?
Thanks in advance!
April Littleton
Financing House Hacking
Hi I am new to real estate investing and wanted to know how to go about a couple things when house hacking. 1. Do I need set up a business first (i.e. LLC)?2. My dad is retired military so he qualifies for a VA loan. ...
Howard Mayne
What are Rehab Priorities for Live-In Flip
Hey BP, my wife and I are moving to another city here in Texas so we decided to buy something that needed some slight cosmetic work. We found a house in a great neighborhood with great schools, and in great condition...
Jordan Northrup
1031X from house flip to personal residence
Good afternoon everyone, I have a question that you may be able to help me with. My mother-in-law has a property that she owns free and clear that needs to be rehab'd and then sold. She'd like me to flip it for her....
Eric Ogunkanmi
Rookie with 50K, become a private lender or purchase a rental?
In October my wife and I are going to be buying my parents house in Milton Ontario. The house is worth about 950k but the mtg will be for about 640 as my parents are gifting the difference in equity which will also be...
Louis Wilson
Stats on cash offers in Austin?
I was wondering if anyone had any stats or data on cash offers in the Austin area? My gut feeling is that cash offers would win in multi-offer situations at a much higher rate and could sometimes command a discount to...
Roberto Ramos
Buying occupied rental w/ no lease agreement
One of my leads is a mobile home that the owner is renting. She does not have an official written lease but says the verbal agreement she has with the renters will end in December 2019. Should I pressure this lead? If...
Charles Giovanniello
How to calculate tax savings
I own a rental home that pulls in ~$400 / month or $4800 / year. I need a new car which is going to cost about $310 / month to lease (including insurance) or $3720 / year. I'm planning on putting this car under my bus...
Brad Bass
use 1031 exchange to buy out bus. partner on other properties
I'm wondering if I can use the proceeds of a 1031 exchange to buy out a business partner on properties I already partly own. I want to sell a property I fully own and use the proceeds to do this. We are currently 50...