Justin Lee
Renting to a friend.
Have a close friend that is looking to move into the DC area (within the city). What're people's thoughts on buying an investment property and renting to a friend? What are some things to keep an eye out for? Ultimate...
Jeff Fairchild
Diff. btwn lease option/lease purch./regular option
What are the circumstances in which it would make sense to do a lease purchase rather than a lease option?
What are the circumstances in which it would make sense to do a regular option vs. a lease option?
Austin Eberle
Prorated capital gains tax exemption?
I was wondering if anyone knows if the 250k or 500k for married couple capital gains tax exemption can be prorated? I’ve lived in my house for 6 months but it’s gone up in value $100,000 and capital gains would make o...
Account Closed
Definition of intent / proof
I have a rental that I will be moving in to next year. Consequently I would like to refinance with the current low rates. My tenant is still in the house so I will be stating to the lender that I intend to take occupa...
Taegyun Lim
DTI of newly established LLC for Loan
I consider the business form of LLC vs Self-Employed to do rental business. For now, I am leaning toward establishing an LLC to purchase and rent real estate. In this case, the LLC won't have any income performance f...
Claudio Salvatorelli
Does anyone know about STR's regulations in Oceanside?
I am interested in establishing a Short-Term Rental (STR) in Oceanside and noticed on the City website that STRs are permitted only in the Coastal area. I am considering hosting the rental myself and living next door....
Josh Everson
Selling a home by assuming the mortgage
Hey everyone, does anyone have experience with "selling" their home where someone assumes your mortgage rather than selling for a profit? My investor friend has a lease option on my property to assume my mortgage and ...
Art Maydan
Being Paid Through LLC vs. Personal
In addition to property management, I do hourly work for a rehabber. Would it be better for them to send a 1099 to my property management LLC or to my personal name? Both are justifiable since I end up managing the ho...
John Clark
Buying a Stigmatized Property
I am looking at buying a foreclosed property that is labeled as stigmatized. There was a suicide in the house in 2016, and I'm torn on if I should buy it. It's about 50% remodeled already and the rest of the work is...
Roy H.
Looking for suggestions - Have a buyer interested in one of my properties
I recently rehabbed a property that is on the market. I've been having issues getting qualified buyers.. have had 3 full price offers, but they couldn't secure financing.
I had a woman that walked through the home...