Darunee F
Credit Investing Pros and Cons Advice Needed
Can anyone explain the downside of becoming a credit investor and partnering with someone who provides the cash and assets? The plan is the non-credit partner somehow sells or pays off in 6-8 months.
I am wondering...
Justin P.
Using Roth IRA funds as down payment, not full deal
Hello, I've lurked on quite a few of these posts and have found several answers, but I have a couple more questions. I know if I use a Roth IRA to purchase a property, all expenses have to come from the Roth and all ...
Bob Flynn
Nonperforming Second Note Purchase with BK
I've made an indicative bid on a second mortgage that is nonperforming. The first appears to be performing. The combined loan to value is probably about 80% so there is equity here. I've reviewed the borrower's cred...
Shiv Jey
Short-term "gift" loan
I'm looking for ideas.I found a great house I'd like to buy but it's a month too early. On June 30th I will have the funds needed, but for now I'm 20k short for a loan. One idea I've had is to have family "gift" me ...
Tracey O'Hara
Subject to, rehab then sell
I have a scenario that I need help with please. I have a very motivated seller who wants to just sell his house for the mortgage balance of 287k. The house is in a very desirable school district, has a brand new roo...
Jeff Spahn
Are Tax Deed Properties able to be depreciated on Tax Return ?
I have a number of Tax deed properties are the able to be depreciated on tax return ? Can you include cost to make properties live able for renting ? Any information on this conversation would be appreciatedThanks and...
Moh Said
Getting a commercial property funding
I am trying to make an offer for commercial building which is currently vacant. Asking price is $950k..
How can i get help for commercial lending and what is the down payment is needed for this type of purchase.
Tha...
Deano Vulcano
I have 300k cash to invest. How would YOU use it.
I am 54 years old. My goal is to generate income for retirement. Will have approximately $80,000 a year generated from flips after living expenses to reinvest and also have a private investor with deep pockets.
Account Closed
Creative Financing Seller "Refi" for Takeover
Seller “Refi” for TakeoverThis no-money-down technique is as amazing as it is simple. Ask the seller to refinance the property for your offered price, (for 30 years fixed at no more than X%) subject to a one-time qua...
Troy Michaels
TAXES AND WHOLESALING
Im still in the beginning stages of setting up my planning. I have asked this question and havent gotten a answer. When wholesaling, when you go to closing, is the ssn or ein number required. Im setting up a trust and...