Monica Jones
Should I buy a property from the owner vs agent.
So I’m very new. But there’s this property im interested in, It’s a fourplex and it has 3 bd 2.5 bath in each unit. It is gutted and ready for sale but the property has been there for years and has plumbing problems a...
Ray Loveless
Earnest money required on For Sale By Owner(fsbo) offer?
Title says it all. Correct me if I'm wrong but(in Utah) on an accepted MLS offer the buyer writes an earnest money check and the check is held by the selling agent's broker's office... and only under certain condit...
Robert Beickert
Owner build permits with a fix and flip in Florida?
Hey guys and gals, I'm a newbie to the REI game, I've been in construction my entire life so I'm well versed in that area. So my question is if I get a fix and flip loan in Florida and the property need significant wo...
Benjamin Voorhis
Looking for a 1st lien on owner finance wrap deal
So I have a home that I am wanting to owner finance to a neighbor. The deal is good, 15k over the appraised value is the sales price (130k). The neighbor will put 15k down and then pay 12% on a 20 year note. The is...
Sean Morrisey
Condo started Owner Occupied and turned into a Rental Property
Investment Info:
Single-family residence buy & hold investment in Aurora.
Purchase price: $82,000
Cash invested: $1
My wife's first condo. Lived there for two years and turned it into a rental pr...
Steve Driscoll
Tax Implications for Seller who is owner financing personal home
I am interested in purchasing the home of an elderly couple who wants to sell. They have owned the home for a long time and have seen 10x appreciation. This is their personal home. In the event they owner finance, ...
Trung Le
Buy Multi-Family where owner carry part of down payment?
Hello Bigger Pocket Family,I just joined. This is my first post. I currently own two 4-plex (Orange city and Riverside city) rental property in Southern California. I been reading a lot of books. Most of the real esta...
Chris Johnson
Cancelled Contract-Should Owner get a copy of Inspection Report?
Hello BP!Is it customary to provide the seller with a copy of the Inspection report?BACKGROUND: I just cancelled a contract to purchase a single family Turnkey property in Florida. It was advertised as a turnkey but t...
Don Nguyen
30 Year Fixed Rate Mortgages for Non-Owner Occupied Fourplex
Hi all,This is my first post here and I am looking to secure my first deal on a non-owner occupied fourplex. It is considered a residential property because it is less than five units but most lenders I have found wil...
Jason Marshall
Owner-Occupied Single Family Home Earned Quick Equity - What Now?
In February of 2016 I closed on my first single family home. I have lived there and I have rented 2 rooms since day one living almost for free myself. I paid $150,000 and now it is worth an estimated 185k-195k due t...