DJ Cummins
purchasing a 100% owner financed 12 unit. Trouble pulling trigger
Hello Everyone,I have a contact that I made a couple of years ago, and he has offered to sell me a 12 unit apartment building, with 100% owner financing. No money down. He has several hundred units and he is lookin...
Ricardo Olea
What to do with money from first deal???
Ok, so first I want to say I'm not counting my chickens until they hatch, however, as this deal gets closer to closing I am left wondering what I should do with the money. 50K profit on my first wholesale deal that I ...
Sarah Klein
Realistic cash flow with Austin SFH rentals?
Hi all, I would love to hear what Austin-area SFH investors are seeing realistically with their current investments. For those of you who have invested in single-family homes in the Austin area, how much money do you ...
Klemens N.
Asset Protection Strategy
I want to share the details of my Asset Protection Strategy. I welcome constructive comments.- First of all, I live in California as it has very little asset protection (for instance no tenants by the entirety) and it...
Account Closed
Tenant is interested in purchasing my house
Hello. I inherited a house from my parents and the tenant loves it and is interested in purchasing. It's in a lake community; however, the community has everything from 30k A-frame houses to 600k houses on the lake ...
Josef Roberge
Do I Really Need a Local Business License for this?!?
Someone is paying me a referral fee for just connecting them to a deal. I have no involvement in the deal at all, or transaction, contract, not a consultant.I set-up a quick LLC for them to pay me under, and opened a ...
Oliver Martin
Should I sell? Las Vegas market
Bought the house in 2012. Remaining balance is 250k on a 3.25% FHA loan, eligible for pmi cancellation in 2 years . Mortgage is $1670/mo including pmi. In two years, mortgage may lower to around $1300 after pmi cancel...
Jack Barry
Renting a SFH in Clarksville TN area
I am new here. I am moving unexpectedly and would like to rent my house rather than sell it. I don't know much about the rental market, but I suspect that not many people are looking to rent these days with the intere...
Adam Regos
Investing in a syndication passively
What does the BP world think of investing passively in a legitimate syndication like Brandon turners or one of the other established investors? Does this defeat the purpose of all the benefits of real estate IE apprec...
Han T.
Self-Originating Promissory Note and Mortgage
Hi All,A few questions here.1. Have anyone self-originated a promissory note (pledging their properties as first lien with a mortgage note) before? What I mean is, instead of finding banks, FHA, commercial loans or Ha...