I'm looking for a lender to work with to better understand my purchasing power.

They are motivated and interested in things that are modern and out of my realm of understanding.Thanks for redirecting me back to that understanding.

From what I understand, you need to have a lien and pay three consecutive years before you can file a foreclosure action but if you buy an OTC lien and you are able to find multiple liens for the same property, I believe that the date that counts is the tax sale year.

I'll give my advise based on my understanding of the sitution so hopefully, I understand it correctly: You bought an investment property with a structure (house) on it but which also includes an additional .34 acre lot next to it which is included in the deed and you now want to SPLIT the undeveloped .34 acre from your property and sell it sepearately, do I have that correctly? 

I'm running to BiggerPockets because no one else understands what I'm doing or how excited I am.

This is important because both of you want to have a clear understanding of the work that will be done so don't just assume they will do some things and have it in your contract.

Our plan was to use this HELOC to secure off-market deals from wholesalers and then pursue refinancing.Concerns and Seeking Advice:However, I've read discussions, indicating potential challenges in refinancing when a significant portion of DTI is tied up in a HELOC.Given our situation, I am keen on understanding:1.

Being a realtor is a great start to understand the market and the industry!

With the Duplex now, my understanding is I file as though the rental half is a separate property and cut all expenses in half as a write off to my rental income (property tax, insurance, maintenance, improvements, etc...nothing was done specifically to either unit it was full home external work like garage and railing repairs, painting) as well as depreciating the half of the duplex that is a rental after calculating basis.It all seems very straightforward to me but I know I'd be naive not to have a second set of eyes with a professional given my lack of experience.

As one of the fastest-growing cities in the United States, Raleigh, NC, continues to attract attention for its dynamic economy, burgeoning tech sector, and vibrant cultural scene. In 2024, Raleigh's market situation p...