Hi Team BiggerPockets,Need some advice from the team... So my parents own a property in Florida where they have a lot of equity in this home and a very low amount owed on their mortgage. The issue that they have is th...
https://www.nytimes.com/2022/0...Story behind the NYT paywall. Summary: Nathan Connolly and Shani Mott are suing an appraiser and a mortgage lender after their Baltimore home was estimated to be worth $472,000. After ...
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Investment Info:
Single-family residence fix & flip investment in Bradenton.
Purchase price: $150,000
Cash invested: $29,000
Sale price: $350,000
Vintage home with serious damage. Renovated ...
According to the article linked below, Individuals and Trusts that seller finance one property or less per year (to an owner occupant) can implement a balloon payment. http://www.biggerpockets.com/renewsblog/2014/01/1...
Investment Info:
Small multi-family (2-4 units) commercial investment investment in Murfreesboro.
Purchase price: $155,000
Cash invested: $175,000
Sale price: $615,000
A friend and I purchased th...
Hey I heard that some 1031 exchange QI's will actually give interest payment on the amount they hold? Is that true?For example--$100,000 in a 1031 held for 3 months would cost the investor $500. If the QI would pay ...
Hi guys! I am doing a flip with a friend of mine. This is my first time using a partner, (but not my first flip) and have a few questions. She provided the cash to purchase the house, we put it in her name, and I wil...
*new to BP; first post”
1st year Wholesaler & I’m in talking with a seller who does not want to sign an agreement until I have located an end-buyer.
Is this option possible (should I proceed), considering I have ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $89,000
Cash invested: $15,000
Just closed on this duplex along with two single family homes. I bought the s...