Raj Kumar
Real Estate Agent Expense
I am a Real estate investor and have been investing in Northen VA (DC Metro), Richmond,VA and Myrtle Beach, SC. I usually do all my research online and let the agents know that I want to see the following houses.I hav...
Matthew Medcalf
How much of a safety net for a first house hack?
Let's say I buy a property for $150,0003.5% down puts me at $5250 for a down payment. How much additional should I be looking to save for a safety net for the property (vacancies, repairs, closing fees, ect). I will a...
Craig Garrow
Possible MLO Deal - Could you help me underwrite?
Hello, all! One of my Property Management clients has expressed an interest in selling a triplex to me using a Master Lease Option to get around the bank. I just wanted to get some second opinions!
3 apartments - pr...
Barry Je
How do partnerships work?
Let's say a couple friends and I want to invest together, and all three of us live in different states. How does one go about this?Will a bank lend to three unrelated people? Can we quit deed claim into our LLC? Ri...
Manju Shackett
My First Rental Property
Hi Everyone!This is going to be my first rental property. Any advice/ confirmation would be greatly appreciated!This is a two unit Multifamily house sale by owner. Asking for 145K, I will put 20% down and finance 1...
Fabian G.
Final offer from Bank on Bank owned property
Hello everyone,I am currently in the process of buying a property in the greater Orlando area. It's a bank owned property and it's on the market for almost 90 days. After 45 days, the bank dropped the price from $144,...
Amir Navabpour
More due on sale clauses triggered for LLC's in this rising rate environment
Thinking about putting several of my properties in an LLC, and wanted to gather peoples thoughts on a topic that seems to keep coming: What is the liklihood of triggering the DOS clause? I already have an umbrealla l...
Moshe Brander
oil spill
Anyone have experience with oil tank who is leaking and if it's worth to buy a house death have a oil leak and how much we can negotiate me the bank for that
Rich C.
Financing a portfolio of properties
I am wondering if anyone has used the following strategy to finance property renovations or pay down principal.
Hypothetical situation: Portfolio of 5 properties that are currently rented but need renovations if goal...
Account Closed
Add Someone to Title without Obtaining a New Loan
Not sure if this is possible: I am looking for ideas on how to legally add someone (or an LLC) to the title of a property without necessarily having to obtain a new loan.
The background: My partner currently owns a p...