James Kandasamy
20 units not operational for 3 years
4 August 2015 | 10 replies
I will get the details by getting more info from different authorities etc.
Jack B.
Go through with rental house in HOA or back out?
31 July 2015 | 8 replies
And they weld authority like their a king and the other residents won't grow a pair and stand up.The last board I delt with had a guy that would send you a "friendly" letter and a picture of you trash cans if they were on the street for more that 2 hours after the truck went by.
Frantzces Lys
Inherited Properties Looking for a Strategy
27 July 2015 | 5 replies
It's rather pointless trying to lead the blind if you are not a visionary (sorry).Until a property has a principal or someone with standing (capacity, powers and authority) to sell, encumber or oasis marketable title, it's pointless to plan too far ahead.
Mark Carson
Consequences of loss on unsecured note held in Self Directed IRA
28 July 2015 | 3 replies
Hi - I'm looking for some advice on resolving a SDIRA issue:My Self Directed IRA made a unsecured loan to an individual (not a disqualified party).The borrower is unable to repay the loan according to the terms of the note.
Naeem Kapasi
The fine art of analyzing a small multifamily property.
28 July 2015 | 5 replies
Utilities are less of a concern because you should let your tenants pay if units are individually metered or use a chargeback system if they are not individually metered.
Tammy Wise
Can you do a cash out refi on CA house in Family Trust?
29 July 2015 | 4 replies
Oh, you'll have some naive loan officer tell you otherwise, however at the last minute they will require you to "temporarily" deed out and vest as an individual.
CHristopher Mccann
New to Biggerpocket from the uk, Bristol
29 July 2015 | 10 replies
Those who are hardest to love are the ones that need it the most"No problem Christopher,Check out some of the blogs I wrote for Bigger Pockets over the year.http://www.biggerpockets.com/renewsblog/author/engelorumora/There is over 50 and I'm sure you will find some good content within of why I do what I do and how I chose real estate as my ideal investment vehicle.Thanks and much succcess.
Ken McGrew
Revocable Trust and LLC as beneficiary in Texas
26 July 2015 | 9 replies
The Trust, LLC or the individual investor?
Melissa Reinhart
Is a Half-plex considered a SFH for Fannie Mae HomeStyle Reno Loans?
26 July 2015 | 2 replies
Don't know specifically about the Homestyle, but if the half plex is titled individually, yes it is SFR, just like a townhouse or condo.
Anthony Gayden
24 Unit. Residential Mortgages or Commercial Loan?
1 August 2015 | 26 replies
FHA/traditional loans are limited to no more than 4 individual loans per person (you can't buy in the LLC name) and no more than four units (doors) per loan.