My dad has a house and some land that he was going to sell to my stepsister in a land contract at 3% and $300 a month and 55k total. That would end up being about 18k in interest. She backed out of the deal. He was re...
My wife and I have just recently been in discussions with a GC in North Phoenix regarding a partnership opportunity on a fix-and-flip. It's a long story, but to quickly summarize my wife and I purchased the home and w...
I want to make sure I'm understanding this correctly.I bought a duplex at 175k, have 160k left for payoff, and did lots of updates so the estimated worth is over 200k. This would give me 20% equity and allow me to loo...
I've just been approached from a family member of close family friends who both passed away and she has the home in a Trust. What's the process for getting the home out of the Trust so she can sell to me and how long ...
If I were to buy a 4 unit building using a HML. Would it be possible to refinance using an FHA loan after 6 months or so of seasoning?-- assuming I am living in the property and renting out the other 3 units..Would th...
Hello BP community, this is my first (of hopefully many) postsI'm starting out my RE investing journey and hoping to lock-in a 4-10 unit MF property as a first milestone. I'm looking for help double checking my work o...
If you host on Airbnb you're probably already aware that they're launching 10 new updates to the platform for Hosts starting today. The updates are mostly to aircover policy and procredure, but there are some other ti...
Hi all. My group is getting started in real estate investing. We have created a multi member LLC and have established operating agreement, real estate agents, contractors, CPA and have identified some potential pr...
I just finished my taxes using Taxslayer, as I have done for a decade. I just noticed a column on a worksheet entitled “ statement of depreciation” for “accum deprec” and I expected the number to be the number of yea...
Just looking for some opinions here. I know there are probably several different ways of doing this. How do you generally work the closing costs? My realtor suggested offering more on the purchase price and request...