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4 January 2019 | 14 replies
The agreement would have dictated how you guys allocate the rental items, If you dont have a partnership agreement, you can just co-own the property, but with your situation, I feel like the partnership is created as just one of the partner is on the loan which created a basis for you but not for other partners.
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10 January 2019 | 4 replies
The interest that you pay the bank can also be deducted as investment interest expense if you itemize.
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15 January 2019 | 6 replies
I have an LLC funded by two SDIRAs (1 traditional, 1 ROTH).
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3 January 2019 | 2 replies
It has the items associated with these past kitchens done by CTHomes and other FortuneBuilder students.
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16 January 2019 | 19 replies
one way or another seems to me to be a title claimif the lady did not own the house and signed the deed over to you thats forgery and for sure an item insured by title insurance at least i have made claims that were paid based on forgery.
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13 January 2019 | 4 replies
Pay off lowest items on your credit.I personally would not use a company.
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4 January 2019 | 3 replies
It might help to get some additional items of property location, value, ARV, etc.
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21 February 2019 | 13 replies
Granted, the holiday season is probably the worst time to list a rental...I'm using all of my traditional outlets: Zillow, Signs and reluctantly Craigslist (I quit using this on account of the tire-kickers and scammers and dirtbags LOL).
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4 January 2019 | 1 reply
Initially I thought about getting a hard money loan and doing a traditional transaction so that my in laws can get their money right away, however time is not of the essence Someone also told that me to save money (avoId poInts/fees/Interest) and just “partner up” with my InLaws and write a contract stating that upon the sale of their house, they’ll get their 400K and I’ll get the rest, have them give me a quitclaim deed to the property and i’ll pay their mortgage and expenses during the rehab months.
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5 January 2019 | 14 replies
You will need to hire a licensed contractor for the work and the contractor will need to put together a detailed scope of work with line items and prices.