Well BP, I'm in a pickle.I stated the year by submitting an offer on a 1913 local historic home I viewed a few days before New Years. It has been converted to commercial, and my plan is to use the first floor as my of...
Hi gang,I'm excited to be here and to get wisdom from all of you. My wife and I are buying are first home in LA. We're "cash buyers" but behind the scenes, my parents are loaning us about 70% of the price.As part of t...
So I got a potential deal that works because the owner is willing to seller financing. The property is located in Springfield, Missouri. I was originally approaching the deal as a straight cash deal and I would whol...
Hi BiggerpocketsI have a seller that purchased a property in 2001 with his girl friend at the time. They broke up in 2005 and she has since stayed in the property.
The original mortgage of 80k was in both their name...
Hello,
I am considering investing in the Wilmington, Delaware area due to a few factors:
1. Lower taxes than neighboring PA or NJ
2. Lower entry cost
3. Having #1 and #2 while still hav...
Hello BiggerPockets!I'm a 26 y/o second-year busy corporate lawyer in Charlotte, NC with a goal to invest in at least 10 cash-flowing buy/hold SFR properties in the next 5 years. I'd like to net at least $200 per SFR...
I have had a number of people look at a current rental and the ones that apply have been rejected so far. They are really borderline candidates, not terrible but with a couple of items put together smoker no rental...
Hello,
Can you use your 401k money or IRA money to purchase a real estate investment and keep the cash flow now? I see all over the internet a short answer of no, but what about the following situations:
1) example:...
I went to cheap way, and formed an LLC (Florida) online without speaking to an attorney first. I know, fools rush in where angels fear to tread.My LLC just acquired 2 condos that need a little rehab. After rehab, the ...