G Drish
Contract for deed pricing advice
New investor wants to know how to set the price for a contract for deed home with an existing mortgage. what is the formula to use for this
Marty Summers
BRRRR method investing
What term are you getting on a BRRRR property when you refinance to pull money out?If it's under an LLC. I was told to unclaim the deed back to my name before getting a mortgage. Then put it back to LLC.....what??
Zac Schmelzer
Will seller being on hospice affect selling price of property?
I am in verbal agreement with a seller and her family. The seller is old and on hospice. They want to owner finance for 10 years. The house is in bad shape but the price we agreed on is lower than what it would apprai...
Mark Beekman
How do they appraise multi-units?
I need a certified bank appraisal in order to get a mortgage ona an 8-unit apartment building. Anyone know how they appraise these? Do they simply appraise it by square footage and location like a single family home ...
Malcolm Forney
I bought a Land lot from a tax deed auction with a lien on it. 😒
Disclaimer: I did not my proper research before purchase.Hello my name is Malcolm and I got myself in a pickle and I'm looking for some advice so I can get out of it.So to make a long story short I stay in Florida and...
Jason Monroe
If you had a private sale would you use an agent in Kansas
So..... My grandmother has this townhouse property in Lenexa. It's was built in the early 1960s I'm the person on the ground I'm pushing for a private sale one of her neighbors collects units in the community that my ...
Keith W.
(Newbie) Earnest Money Deposit Off-Market Property
First, let me express how it is such a blessing to have the BP Community to turn to for credible advice without. I might have been ventured into real estate had I known something like this was out there!On to my quest...
Shannon Tayllor
Deal Structuring for Back Taxes in California
I found a perfect property - for personal residence that I would really like to own. Need some good advice.List price is $575K and three recent sales of the exact same townhouse are in the $515 to $532K range, selling...
Roy Williams
Tax Consequences of a Foreclosure
Hello Folks, was curious to see what the tax consequences are if you have an investment property foreclosed.
Are you taxed the following year on the full amount of the debt? Are you taxed on the differential between...
Curtis N.
Ideas for hideous brass finishes on gas fireplace
Hi everyone - when I bought my current property I immediately replaced every doorknob and light fixture that was the 90's style shiny brass or good finish. One of the only things left is the finish work on the gas fir...