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28 October 2024 | 8 replies
if the second is recorded before the HOA lien then I dont think it gets wiped out.. but these are state specific.. title company should be able to tell you .. just open up an order and you will see what still survives the sale.
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24 October 2024 | 33 replies
And I had to come up with a month's rent (nearly $1300) in security deposit, because HUD doesn't subsidize security deposits.
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28 October 2024 | 4 replies
He knows tons of investors in our area and organizes meet ups and stuff!
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28 October 2024 | 6 replies
Does anyone have experience setting the house up as a section 8 rental and what has your experiences been with section 8?
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28 October 2024 | 5 replies
The last house I bought, was brought to me off-market by my agent, and it's seeming that off-market is the only way to get good properties without the MLS prices.I've recently got a nice business card printed up, and would like to start a direct mailer campaign, using BatchLeads to find multifamily properties in the local towns that I wish to invest in.I have a pretty strict criteria about what I'm looking to purchase at this time:-Legal 2-or-more unit large Multifamily (not required to be owner occupied)-Each unit should be at least 3 bedrooms (so if it's a duplex, it needs to be 6+ bedrooms)-Sewer (not septic)-Gas (not oil)A lot of this information is not readily available online, so once I start my mailers, I'm sure I'm going to find people who eventually respond, but that don't have criteria which match what I'm looking for.I feel like it would be a waste if I paid a bunch of money for direct mailers, and then someone reaches out to me to sell, but their house doesn't match the criteria of what I'm looking for -- I don't know anything about wholesaling.What can I do to monetize these leads, or is the answer is that I need to learn So we believe no lead is a bad lead.
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24 October 2024 | 9 replies
I know my mortgage payment would go up the amount of rental income I receive should cover that new payment with their still being some cash flow.I would like to get out of my current FHA so I have the option to use it for my next MF purchase (if that is even allowed I am not sure).My question is what am I looking at currently for rates on 15 year refi conventional loans?
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23 October 2024 | 9 replies
Yes, you can use proceeds from multiple exchanges and buy into a single replacement property (WATCH the timing though - as as soon as you close on your first relinquished property then you are on the clock).
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22 October 2024 | 7 replies
Hello everyone,My Canadian company owns a residential property in California and I want to sell it to my own personal name as I am closing my company.I don't know which professional to consult to help me do the transfer besides my CPA.Can I do the transfer of the deed myself (going to the County Recorder’s Office) and just check with my CPA for taxes due?
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29 October 2024 | 8 replies
It's probably largely class D up from having been class F in the past.
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23 October 2024 | 8 replies
and even just to buy something that's already built ... just to be blunt... 30K just isn't that much to work with, if you think about needing a down payment, closing costs, and then the costs to furnish, set up, and list.