Ryan McCook
share ownership with sister on one property only
Here's my scenario:I financed 4 properties with 1 loan to take advantage of some better pricing. One of the properties was co-owned by me and my sister, the other 3 properties I owned solely in my own LLC.Is there a w...
Kimberly Fisher
Did we mess up?!? House hack ownership transfer issues
My son just closed on his 1st property - a duplex with tenant in one unit and he’s going to house hack the other unit.We have 3 concerns:1. The tenant’s security deposit hasn’t been transferred to him yet, in fact, no...
Taylor Robertson
What to do about seller unmotivated to close?
What can I do as a buyer about a seller unmotivated to close?
I was set to close on my first house on 2/24. The day before, there was a chimney fire that caused some damage. Insurance paid out to the seller for the ...
Gary Houck
Owner Financing
I'm looking to buy a mixed use property. 1500 sqft residential and 1500 commercial.The owner is willing to finance. Details of down payment and terms of financing have yet to be firmed up. I have already meet with a ...
Flora Granter
Potential tenant with breaking lease 2011
A potential tenant contacted me and was upfront that they have some credit issues including a broken lease in 2011. It happened when they have medical conditions and could not work enough hours. According to them, t...
Adam Schumacher
First fourplex purchase
Hello everyone,I'm looking to buy my first fourplex in atlanta this year. This will be my first property. Do I have to pay tax on the cashflow I receive if this is my only residence? Thanks in advance, I am only start...
Alberto Alvarez ginzo
May a realtor ask me for a DU from my financial institution?
May a realtor ask me for a DU from my financial institution? Legal?
Bryan Balk
Child Support Lien
We bought a house with a Child Support Lien on it from the state of Illinois. On our other homes with certain liens on them we have always been able to negotiate the lien down or have the title company insure over a ...
Steven Destine
Buying under an LLC or Personal
I founded an LLC a few months ago because I wanted to turn my investing into a real business instead of a side hobby. My tenants now submit their monthly rent into my business account but lenders are not allowing me t...
Tim S.
How does a Quitclaim deed affect the note?
If the owner of record Quitclaims the deed to another party, does the note need to be modified as well to reflect the new deed holder? I would think the answer is yes. I'm looking at buying a note where this is the ...