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What is typical terms on owner financing a larger offering? I have a couple willing to owner finance 300k for a 12+ unit property on a low to middle income property they've held for 20 years. In negotiations, I want...
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I have a property in Kansas City MO which I am considering selling and acting as the bank with owner financing. This will be a first for me. Any advice? Do I need a real estate attorney to draw up the docs or will a b...
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My Father has a 401k that he isn't using for income at all. Next year he will have to start taking minimum distributions from it.I'm interested in acquiring real estate using the BRRRR strategy. Is there any way to ...
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We recently bought (at auction) and fixed up an ~$85K (post-reno) townhouse (2 large BR, 2 full + 2 half bath) in a nicer Dayton, Ohio, suburb. We have tenants in place on a one-year lease currently ($950/month), whic...
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What should I be concerned about legally if I inherit tenants that are not legal citizens?
I'm currently trying to verify the tenants citizenship status with the current owner, but in the meantime I'm trying to figur...
Please any and all advice is greatly appreciated. My question is when dealing with a HML that's offering 85% LTV and I have a property that appraised for 770k very recently under contract around 630k. (85% of its curr...
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Hi, I am looking for private money for fix and flip and I’ve been getting emails from “private lenders” from being active in Facebook groups. How can I tell if these are legit private lenders? I have one saying I can ...
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I was wondering what are great candidates for buying a property subject to. I was thinking the perfect subject-to candidate to buy a house from would be someone with a house in great condition who needs to move, someo...
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Hello BP,My family and I for years have been long term rental owners here in CA. We recently took a brief exit because of a bad tenant experience and CA landlord laws are not the most forgiving or easy to navigate. Th...
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My preference is to purchase a multi family in Los Angeles within the next year or so. However, in case the numbers do not work out for me, I am looking in the IE also. I already have a SFH in the San Bernardino mount...