Jonathan B.
HOA Foreclosure with reverse Mortgage
21 October 2024 | 5 replies
@Jonathan B.On a reverse mortgage no, but if it’s going to foreclosure then it’s typically because it’s upside down / under water or there is no heirs.You could call the attorney and ask if they will let you know what the opening bid or payoff is on the property or do a case search on the county website and see the complaint as that will typically tell you the amount.
Marc Shin
How to prove that an activity performed was "material participation" in real estate
14 October 2024 | 6 replies
The key is to be detailed and consistent in your logging.For our clients, we provide a custom spreadsheet to help track activities more effectively.
Tony Jones
New to real estate investing
12 October 2024 | 13 replies
A DSCR loan is one of them, but with the rent only being $700, chances are you'd need to go with a no ratio program to make the numbers work.
Katie Fugnetti
My First renovation
2 November 2024 | 1 reply
We are almost done and I flew out last weekend to take a look and hoped to sign off on the project and send the final payment.
Cali Skier
The one that can't afford it wants to stay
12 October 2024 | 6 replies
The husband qualifed with his income alone, the wife did not make enough to qualify on her own. 1.
Gabriel Juarez
Tips on investing
2 November 2024 | 8 replies
The reason for this is that existing loan guidelines are set up to favor people buying their primary home.
Lilach Holtzer
Any successful BRRRR in Jacksonville, Florida in the last 6-12 months?
12 October 2024 | 13 replies
Hey Katie, Yes It's a good market for fix and flip, back than in 2019-2021, it was also a good market for Brrrr, but I think nowadays it's hard to make a perfect Brrrr and to cash out all or most of the money back, but yes let's hear what people have to say :)
Laura Casner
Sourcing Capital for a large downpayment - Advice on common offerings and rates
2 November 2024 | 1 reply
This allows me to get into a great property and leave the bank out.
Raphael Ramos
Tax Deduction on Promissory Notes
2 November 2024 | 2 replies
@Raphael RamosLending to someone is interest income just like interest income in your checking or savings account - it’s typically taxed at ordinary income ratesI am not sure I understand the question if it’s deductible?
Kent Ford
The Urban vs.
15 October 2024 | 3 replies
With the growing demand for both urban living in cities like Austin and suburban areas surrounding Dallas and Houston, where do you think the next big wave of homebuyers is heading?