HelloI have an applicant who wants to move in early February. I required a deposit to hold the home. Does anyone have a promissory letter example or can help me with wording they’ve used to insure its non refundabl...
What's the best way to loan private funds? I know a lot of people who do it in their own name, but would it be better/provide more protection to loan via an LLC or something else?
My previous employer was forced to close shop and I was just told that they are going to send me my 401K funds. I've decided I want to use these funds to invest in real estate (I have a separate IRA from previous 401k...
Does anyone have experience with parent to child real estate transfers in CA? I understand there is a mechanism that allows a child to buy a home from their parents and retain the original real estate tax basis under ...
TL/DR - I bought a 3.5 down FHA Duplex, I'll be living in one side and renting out the other. I still need to pay towards the mortgage, but I'm saving money compared to renting. Do folks recommend: 1. Just deposit ren...
Hi.
I have 4 rental properties financed through 3 different mortgage companies. 2 of the 3 told me today that they would call the mortgage due if I transfer the property to an LLC.
I am waiting to hear back from the...
I bought a HUD home to flip awhile back that was foreclosed on a deceased person. My closing from HUD went fine and I was issued a policy. I am now in the process of selling and the new Title Companies underwriters ...
Hello Everyone,I am about to enter a joint venture with a partner on a property. The loan will be financed under other parties name, but we will be equal owners of the property. I am looking for a lender that is willi...
Question about the California Claw Back Rule:We 1031 exchanged California property for Hawaii property. If we 1031 exchanged tin Hawaii property for another one do we have to pay tax on the money deferred?
@Wayne Brooks I couldn't think of any other that could answer this question.I've found a property that has had 3 WD (2010,2011,2015) all going back and forth between two LLCs.Can I look at this as perhaps these LLCs a...