Cody DeLong
Title Affirmative Coverage Due to No Notice to Bank
I'm in the process of buying a 7 Unit building and a title issue came up where the original mortgage has not been shown as discharged. The building went into Foreclosure with the bank around 2008-2010 and was sold in...
Caitlin Dykema
As a realtor can I pay my personal mortgage from my llc?
As a newer realtor I'm thinking about starting an llc or s-corp so I don't get burned as badly on self employment taxes. I am also getting ready to move and rent out my current house and purchase a new one. I'm trying...
David Ivy
Austin Market Update - May 2023
The May 2023 real estate market numbers are out from the Austin Board of REALTORS® (ABoR). The median home (of any type) in Austin sold for $550,000, which is down 16% from May 2022. The greater Austin metro had a sim...
Carlo Con
Schedule E income...what expenses to include/exclude for new loan
I would like to qualify for a new home loan. I spoke to 3 different home loan officers and they have given me different information each time. Here's my scenario.I bought my house in 2016 and started renting it out ...
Phil Z.
Creating a Private Loan Agreeement
Are there any Loan Terms Agreements available to use when securing private money on a property?
Erica C.
Overwhlemed
Hi everyone. My mother and I have 28K to begin our real estate investment. We would like to purchase properties to rent for passive income to fund her retirement. Is this enough to begin investing? The amount of infor...
Anthony Arredondo
Should I go all in with my cash, HELOC, and investor?
I have two properties in Louisiana, but I've just relocated back to my home state of Virginia. I really want to build up a rental portfolio, and I've got about $50K cash, should have a HELOC for ~$80K soon, and also ...
Vidyadhar R.
house won't appraise to full ARV if refi before seasoning period?
Hi members, I'm doing a BRRRR on a SF. buying ($60k) it using a personal loan and plan to refinance (ARV $80k) it from a local lender after rehab ($5k). rehab duration would be a month. I want to refinance asap after ...
Tyler Thomas
Referrals in Colorado Springs
Hey all,I'm wondering if anyone who has conducted business in Colorado Springs has any referrals for any or all of the following week work in this area; real estate lawyer, CPA, real estate agent, lenders (traditional...
Alma Mills
How do record a 2nd mortgage - Los Angeles County
We are offering a 2nd mortgage to private lenders on our investment property in the city of Los Angeles for our remodel costs. Does anyone know the process for recording that? I was told it is done on the county lev...