So, 12 years ago we bought a small house on essentially a double lot. House was financed on a private note with seller with 10k down and 5.75%. House would not have funded thru bank because of repairs. Fast forward af...
Hi fellow BP members!
ABOUT ME:My name is Grace, I am a newbie looking to acquire my first deal via buy & hold strategy in NJ (Central preferred for proximity, but also would consider Northern). CURRENT R/E, &...
It's probably too early to start a thread on the topic but figured I would since it's my first action I've taken since I began looking for properties several months ago.I found an REO listed on the MLS yesterday and n...
Is this a good deal for a first Multi-unit? I'm kinda caught up because of the balloon @ end of finance. Seller Financed Terms:Sale price: $165,00015% upfront cash deposit and $1538.27/month for 60 months with a bal...
My wife and I are relocating to Tampa from the Orlando area in February of 2020. I have an extensive history in carpentry and remodeling, along with being a heavy equipment operator. My wife is Handy as well and has a...
Hello friends!I have a self directed 401(k) question that pertains to disqualified persons. Here's the scenario, my father wants to invest in real estate with his 401(k) self directed and he wants to hire the ...
Hi,
I have been partners with my brother for the last 5 years on real estate investing. We own 8 units. Our partnership is a little complex:
- We both split the down payments 50/50
- We both own 50% of each prope...
I started my real estate investing journey during the pandemic and have not needed to use an LLC. I have been able to structure each rental property to where it is not necessary with the correct insurance and property...
I live in Florida, and am widowed. We had owned 4+ single family homes, which are rented out. I used the money from the life insurance policy to pay off the rentals. I have set up a trust and have an umbrella policy ...
I got an email from Auction.com and they are selling notes. Now I am very familiar with them as I have bid on residential with them before. However I just recently started paying attention to their notes. Most are ...