Nick Buten
CPA Question: Sale Vs. Seller Finance
Hello, I’m hoping there is a CPA in BP who can help me explain the 2 scenarios below to a seller. ***The seller has no debt on the property Offer 1: $375,000 (Bank Financing)Offer 2: $375,000 (Seller Financing)- 10% D...
Matt Slease
Would you do this deal?
Looking at this property for a long term rental, possibly a BRRRR if I could refinance out after repairsAsking price: $85kRehab needed: $25kARV: $130kSingle family bungalow home in a c+ neighborhood (good schools, low...
Kathy Kulick
Exchange into a duplex?
I am trying to help a client plan for an exchange while I am on vacation so not much time for research. Hoping to get some help here. Client has a single family rental property and would like to exchange into a duplex...
Doc Godfrey
Contractor bill dispute
I hired a handyman/contractor to fix some drywall for me in a master bath that I am fixing up as a rental. We had a fixed price of $1,300 for this portion of the work. While he was doing the drywall repairs, he said h...
Juhi Banerjee
Effect of upcoming single family homes on existing rental
I liked a duplex around 30 years old with 2 and 3 bedrooms with one side renting for $1100 and other one for $1200 per month. I was about to make an offer on the property but the agent informed me that there is an big...
Tarah Fernandes
Today’s owner financing rates
I’m getting mixed signals on what the average rates are today for owner financing. Some say 8-9% since conventional financing is still low, others (who currently owner finance in my area) say 10-12%. Looking for anyon...
Nathan Frey
Seller vs Buyer Agent
I’m looking to sell out of my current primary residence to upsize and relocate. I’ve never purchased while having to sell at the same time, so I’m wondering whether having a single agent for buying & listing is a ...
Amy Nordeen
First Buy and Hold - Loan Help
Just moved to Park City, UT. My fella and I bought our first place, a townhome, 8 months ago. We want to buy a neighboring place to keep as a vacation rental or long term rental. It’s $380k. To my surprise, our real e...
James Carlson
Denver Home with Basement Apartment for Mortgage Offset
@Erin Spradlin and I helped some clients buy this Park Hill home in Denver in spring of 2018. The goal was two-fold: 1. find a good home with good schools near enough to the city center and hopefully walking distance ...
Demetrios Kalligerakis
What are others afraid to repair that is really not that bad?
As you search for properties to rehab, what are the things that most people try are afraid to tackle and you think are really not that bad, hopefully leading to a better deal? What are the things that you avoid no ma...