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I am under contract to purchase a duplex via FHA financing with an agreed upon closing date of today (7/13). Friday (7/10) my lender contacted me because the seller is attempting a last minute 1031 exchange which may ...
Hi all,I live in California but looking to buy an apartment with a 20% down in Vegas.Ultimately, I'd like to rent this place out to people on VRBO/Airbnb.Any tips or advice would be greatly appreciated as I don't want...
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I am currently in negotiations with a seller to purchase their home through the subject 2 route. I just learned that the seller has a substantial lien on the property. My question now is what are the legal rights of...
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So I know that I need to put my properties under my LLC instead of my personal name. And I hear that when you quitclaim the deed, the mortgage company rarely calls the due on sale clause as long as they are receiving ...
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Hey!
Last month, my wife and I purchased a fantastic duplex in Madison, WI, for $400,000 using an FHA loan. Our plan was to do the traditional house-hack, but things haven’t gone as planned.
During some self-testing...
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My wife and I began renting a one-family house in New Jersey in February 1986 and have paid rent every month without fail and have maintained our tenancy as model tenants without incident.
We had a one-year lease for...
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I am new to investing and interested in a property in my area. It is a foreclosed townhome with considerable need for improvement. It is in a nice neighborhood where homes similar in square footage and beds/baths re...
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Here is the scenario:I just purchased a property in Connecticut. The old owner is in assisted living an left anything he didn't want (trash out was negotiated as part of purchase price). The seller left a number of gu...
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I am looking at a property that is about 7 acres. It currently has a house, 5 1br 1bath cabins and a mobile home on it. We think we could easily fit 10-15 trailers on the property (maybe 20) with out tearing down an...
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Good Morning BP,Over the last year or two I have shared my RE interest with family & friends. A handful of them have reached out to me and want to be a part of it, a few want to actively invest with me (buy &h...