Barak Levi
Rental properties in North Florida
Hi everybody, I'm an investor that looking to build a passive income through rental properties as for now I'm checking few cities in north FL: Jacksonville, Gainesville and Ocala. I have 500K to invest in cash and the...
Jeff Whelan
Seller obtaining another mortgage?
I've had 2 sellers ask me in the past week the following question:- Will I be able to get financing on a new house if I still have a mortgage on my old house? (I had one lady claim that she did a lease purchase about...
Jeremy Bridges
Foreclosure auction after delinquent tax sale
So I'm trying to do some research on a property that I want to bid for at an upcoming foreclosure auction. This will be my first auction I actually bid. I went to the deeds office and found no other deeds besides th...
Cosette Trantow
What happens after the first year?
I'm in my education phase right now and I've determined that I want to start out with an FHA house hack (hopefully a 4 plex). I also have the VA loan available to me. My biggest question now is: After I've lived in th...
Timothy M Weber
Suggestion for dealing with Tenant on potential buy deal
I've been working on getting 34 acres for a week or so now, pieces are starting to fall into place, other pieces are showing more detail. Here are some details that I'm not really sure how to press forward on.Good new...
Hadar Orkibi
Seller Finance Question: P&I Vs Principle Reduction Payments
Hi Guys, Im working on possible deal and the seller is willing to finance 85% of the price. His reason is that he doesn't want to pay income Tax or depreciation recovery. (Sold a business and have high income this yea...
David Marsceau
Good plan for first RE deal ??
Hi Everyone,
I am going to have 30k to invest on a live in flip property but I was thinking rather than putting that money straight into purchasing the property, I could purchase a mobile home in a 55+ community wit...
Travis Payne
Building a new SFH as investment
Good Afternoon,This is my first post.I have some land in an area where there is no rental property but seems like there is a great demand for it. I want to split the land up and build 2bed/1bath homes on it. The lan...
Karen Lee
HELOC interest expense deduction
Hi - From what I've been reading there are restrictions on HELOC interest expense deductions. Does anyone know if I take out a HELOC on my primary residence and draw funds to purchase/improve rental property (1) will...
Tony Schreiner
How to Wholesale in a nutshell?
Good evening BP, I have searched all through the wholesale forums, along with the "flipping contracts" discussion topic and put together an 8 step plan to wholesale contracts while Driving for Dollars, from what I lea...