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Hi everyone,I have a strange situation with my condo so stick with me here.Our condo (unit 2) is in a 2-unit building. The HOA does not restrict long term rentals. Unit 2 (zones as a single unit) happens to be split i...
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I got a quote for commercial and personal umbrella for a rental dwelling policy and the commercial is >1000USD and personal is 200USD. Do I have to use the commercial umbrella insurance or is ther personal insuranc...
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I purchased a triplex AS IS with a FHA 203K loan in July with the intention of house hacking it, then disaster hit.
My numbers are the following:
202,000 Purchase price.
107,000 Construction budget (left).340,000 A...
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I purchased my first rental property. I have not received a copy of the leases the tenants have from the previous owner. When I asked during the closing process he sent me a 39 page lease. I did not notice it was ...
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Hello all - first post! Would appreciate your thoughts on situation here.My son and I are about to close on a condo in Gilbert, AZ. My son - whose name is on the loan/title and goes to college in the area - would like...
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Hi everyone,I've come across a possible wholesale deal with a very motivated seller but there area few issues. So I turn to you guys for help!The home's original owner had passed away 2 years ago. The daughter in law...
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So, I was excited about doing a 1031 for my first flip, but then I read that you have to own the first property for at least a year. Is there any loophole out of this? I want to flip my first house relatively quickl...
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How do you guys put your property in an LLC? All of the lenders talk to say that I cannot put the title of the property in an LLC because that would make their loans non-sellable to third parties. One option is to go ...
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Hey guys! So this is my first post (other than intro) so forgive me if I do not do this right. Here is what I'm looking at:I have a potential seller of a home that's in great shape. The home is a 3 bed 2 bath with 2 b...
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Closed on my first duplex in Madison, Wi last week!