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Ok id like to see if someone can explain to me if this is possible and if its a good way to go about doing a deal.
If i find a seller who wants to sell his, he bought his home for 260,000 and hes willing to sell it ...
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I meet a realtor he has a house that he like to rent to own to me but there's a problem with this picture. He stated that the taxes is $2400 that has to be paid by the last of August.. He also stated that he like for...
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Suppose one purchased a 4 plex for $400k and took the standard depreciation for 27.5 years deducting $300k for tax purposes. If I am correct then anything sold above $100k ($400k-$300k) is taxable taking into account ...
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Let's say I'm selling a house with an existing mortgage as a wrap.
1. The owner stops making the payments - Who is responsible for the mortgage - Me? If so how do I get them out of the house?
2. The Due on Sale c...
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Hi BP team!
I'm a prospective borrower looking for money for a fix-and-hold project I'm working on. No one in my network who could lend me money is really experienced either so I want to offer them some ter...
My partner and I were looking to wholetail a deal and this is what we came up with...are we right? and why or why not?What we'll list it for: 185,000 subtract 3% buyer fees - $5,550flat listing fee - $500 Sales price ...
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I am planning on putting in an offer on a condo that is seller financing. I will have to do some negotiating somewhere because the seller is asking a price that is $15-20k above the comps in the neighborhood. He is ...
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I am working with a developer in purchasing builder close out units. The development is 180 units with 10 remaining. All 170 units were sold at market, I am receiving a 40% for taking down all ten.
Here is where it...
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Our 401(k) solo holds a 50% 1st position note on an investors rental SFH.
We are taking it back DIL for mtg arrears. With a little rehab it will sell for a good $25-$30k above the balance owed.
My TAX i...
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Suppose one purchased a 4 plex for $400k and took the standard depreciation for 27.5 years deducting $300k for tax purposes. If I am correct then anything sold above $100k ($400k-$300k) is taxable taking into account ...