For real estate investors who have worked with private money lenders, what strategies have you found most effective in structuring deals to ensure both parties are protected and the funding process runs smoothly?
I am looking for a little advice regarding a tax sale property in Missouri. I realize any advice given is not to be considered legal advice. I have this in front of my attorney for review, but I am looking for some ...
Confusing title. Sorry. Please forgive me for my initial long post.I've done a couple of self-owner-occupied flips, a full house rehab (again owner-occupied), have taken R.E. licensing classes just to learn a bit ab...
Hello there. I am currently renting a property in the state of Colorado that is classified as a single family residential. I believe the proper permits and zoning was not done as this property is not a single family d...
Question for RE / tax gurus:If a property is worth $100k, can two parents gift 50% equity of a property to their child and their spouse in one calendar year (2018), and the remaining 50% of equity the following calend...
I recently finished construction on an 8 unit apartment building and it contains a mixture of 5, 15, & 27.5 year property. My question is, I have invoices for what those specific items cost so do I still have to h...
I'm a little confused on how to calculate the DTI ratio. If a rental property is in your name, and let's assume that 75% of the rents offsets the PITI but you have no cashflow. Let's say you want to go out and get ano...
Hello all, Looking for some advise here. New tenant has been in the SFR for a month and just started complaining about a smoke smell that wont go away. She says she has asthma now. She has been complaining for a few m...
My long term goal is to 1031 exchange a portfolio of residential investment properties (ideally all multiplexes, but probably some 1-2%/mo sfrs) into a larger commercial property, ideally 15+ units, with a much more h...
Hi BP,
First time posting. I am currently at contract for a 2 family. The house it set up as a two over two.
Tenants currently in place and would like to stay.
Property cash flows nicely and the rents are below m...