As a Realtor, here is what I’m planning to do to assist my clients who do not have credit, yet they have a good chunk of the money needed to purchase a home.
1. The seller creates a Trust and deeds the property to th...
Hello BPMy parents are retired, have a few rentals that we are trying to do a refinance on, but their debt to income is too high. I am planning to either add my name to the title or transfer the property to myself and...
I'm trying to understand how sandwhich lease option works and responsibilities...
1. A condo that is listed on the MLS for $218k and not being sold so they drop it to $200k... The seller doesn't know if it will appr...
Hi, I did a 25 year lease option with a seller. The lease is not recorded. But if the bank finds out that he did a lease option with me, can the bank call the loan due (due on sale)? I think I read somewhere that you ...
Hi BP community,
I was hoping to present my 1st possible Brrrr deal to see if any members feel Im on the right track to pull the trigger. I have utilized a cash out refi in past for further financing but on a propert...
Analysis paralysis is always lurking. Even the most experienced investors feel it before they pull the trigger on a new deal, business, or strategy. It’s not to say that careful consideration of an investment isn’t a ...
I spoke with a CPA and he said it would make no difference gifting my mother's home(I have PoA) into my name or my LLC in regard to taxes. Is this true? This seems off due to what I've read about write offs and depre...
Hi Everyone,
This is my first post. I'm in the process of acquiring a property with my wife in Baltimore County, Maryland. The acquisition is on a personal basis with traditional 30 year financing. After close, I'm l...
Hello, Bigger Pockets!!It is with great joy that I announce that my wife, Piper, and I have closed on our first rental property! We bought a 2/1 in OH and have the property management company in place to get it rented...
I have a house in TX that I own subject to. I'm looking at possibly re-selling it. Are there any restrictions on re-selling it also as a subject to to a new purchaser?