Cameron Parr
Back Taxes on Pending Sale
Good Day Investors,I am a new investor and under contract to purchase a duplex in Rochester NY. Property has a back tax situation as reads below. My realtor addressed seller about the taxes due and they agreed to pay ...
Carl N.
Syndication Question for purchasing apartment complex
I need some help identifying the best or available methods(syndications, trusts) for purchasing an apartment complex.
I have a track record in the area and have identified potential investors.
I would invest 33% of ...
Elizabeth Goff
Builders/Renovation Insurance -- "Financial Interest" definition
I was renovating an investment property in the Boston-Edison area of Detroit that unfortunately caught on fire. Sad. It was now without a roof and with lots water damage from the fire department's great efforts to pu...
Murray Smith
Have the deal but where is the money.
Hello all.. I have these two deal that I have been able to negotiate and I am having issues locating the capital. The total for deals is 475k. A salon grossing 800k and selling for 220k in Orlando and netting 100k. ...
Minka Sha
Condo Financing - Borrower Paid PMI vs Lender Paid PMI
Buying a condo in SoCal, and got these options from the lender. We negotiated a 12K seller's credit as well that I'll be using to buy down the points. What are you guys thinking on these? Have you used lender paid MI ...
Hai Loc
Small claims court on security deposit
My partner is summoned to small claims in Erie County NY for a security deposit she didn't return. Now the tenant is asking for 5x the amount from pain and suffering..
#1 my partner is not a US resident
#2 the name ...
Stepheni Larson
Tax deduction for rental property using Home Equity Loan
Hello BP. How do I interpret this - "According to the advisory, the new tax law suspends the deduction for home equity interest from 2018 to 2026 — unless the loan is used to “buy, build or substantially improve” the ...
Chris Williams
Open to suggestions on how to invest
selling my first home (purchased foreclosure 3years ago) and relocating to Las Vegas. Once I close I'll have around 40k cash.(working on getting pre approved). Ive just recently started looking for a quad, though none...
Brenda Whittaker
Low end rehab financing. Is there such an animal?
Looking at a rehab to fix and hold. It is a lower end deal, low price. Total needed for buy and fix $50K tops. But I am learning that lenders will not lend on something this small. Now what.
Cheri Schaffer
Additional Deposits
Hey guys! I have to sign another lease with my current landlord and was curious what an additional deposit would be for? It reads like this:First Month's Rent $750Current Deposit: $725 On AccountAdditional...