I just made my first purchase on a property in Alabama. I am now at the point where I am reading through the contract with my mortgage lender. So my question is about the attorney. So far in the loan, both the turnkey...
Investment Info:
Other other investment.
Purchase price: $53,000
Cash invested: $150,000
My wife and I purchased 40 acres about 1.5hr outside of Boise, Idaho in 2019. We started the process (power, w...
Hi, I've never posted on BP before, but have been an avid reader and know there are a lot of smart people on the site who may be able to help me with a tax question. I was unable to find this scenario, but if someone...
I have a 2 unit property and one of the tenants wants to buy it.. they want to buy with a land contract? Iam new at this, what is the right way to sell property to tenants?
This will be my first year filling taxes as a Landlord. What should I expect or do? Thanks in advance for the help BP community!!!
Hey All,Like the title says, I am looking into purchasing my first forclosure property and I am just looking for some advice. Here is my thought process:So I am one of those people who is afraid we are heading for a r...
I am looking to sell my commercial warehouse here in NC. I have owned it for 19 years but have refinanced it a couple of times over that period. So, being that the amount of depreciation I take or have taken effects...
Hello BP,I'm in the process of purchasing my second duplex with seller financing. Purchase price 150K (. We've settled on a 7 year balloon with a 6% interest payment (based on 30 yr amortization). Down payment of 3.5%...
I'm in the process of trying to purchase a house, I am interested in purchasing it only if I can buy a small undeveloped .25 acre of land next to the house. I found the owners information on the SDAT and looked her up...
BP Family,I recently closed on a Construction Loan, New Build in Florida (March 2021). The builder is still processing permits and they said it is taking longer than usual because of the increased demand. My concern i...