Found out that everything the way it has played out and the details I have dug up on the tenant this is part of a an elaborate scam and includes a circle of people involved.

This can involve a lower down payment and flexible repayment terms.4.

Affordable housing, which means Fed funds, is a very tricky type of development for everyone involved.

House hacking involves partnering with a partner or co-investor to manage property, while real estate syndications involve pooling $35,000 with other investors to buy larger properties.

I populate all my own mailing lists, which typically involve only motivated sellers (high equity, divorce, probate, foreclosure, tax foreclosure, etc.).

When a husband and wife jointly own a residence, and the husband takes out a Home Equity Line of Credit (HELOC) in his name only, the spouse's involvement and liability can vary based on several factors, including state laws and the lender's requirements.1.

If it's a layered LLC, most lenders will need to trace a warm body on the operating agreement which will involve a bit more paperwork trail.

I don't know how many of you are owed money by him, or if he was involved in your dealings, but thought you all may want to be aware incase you need to take action.

Im not sure if I do enough to call it active but it's my only gig right now since I retired .No involvement , I go check on the property in Colorado on occasion to check it out the condition.from my decades of doing this you pay income tax to the state you live in..

Rolling an SDIRA back into a traditional IRA is possible but may involve liquidation costs and administrative complexities.