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I have a client who was in contract on a small investment property in which he found a company that would "broker" the relatively small 50K loan. (80%) There was a number of red flags and horrible communication.... To...
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Situation: someone owns a townhouse and decides to purchase another townhouse that is directly attached to theirs (but different mailbox numbers).If they use an FHA loan do they have to move right next door otherwise...
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Hi BP-ers - I am located in Los Angeles, CA. I would like to ask for your advice. I am looking to refinance a non-owner occupied investment property to obtain a lower interest rate. However, now is a good time to al...
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I have finally committed to making real estate investing a business instead of a hobby! Now that the light has gone on, I am trying to get some systems in place and getting more organized to make things run smoothly.I...
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Hello all,
What is the difference between these non-conforming loans: installment land contract, contract for a deed, and purchase money mortgage? From my understanding the purchase money mortgage is a mortgage, mea...
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Can I 1031 exchange into a property that I already own?
Ex: I have a 4-plex and a 32-plex. I then sell the 4-plex... can I 1031 the gains and equity of the 4-plex into the 32-plex that I already own?
Also, can it be...
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Hello all,I'm looking to see if anyone has an experience or contact who can help me with a question. I'm looking at a property currently and the drive way dumps into a somewhat busy street. This property is on a corn...
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I know about rentals and fix and flips, but what are other ways to invest in real estate?
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Hi,Is there a difference between commercial and residential RE when it comes to property taxes? Do they have the same rates? Are there any differences between small or large multi?
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Hi all- Bought a property in Los Angeles County a year and a half ago. I studied the plat map and the legal description thoroughly being an appraiser. We’re building a new patio and the city tells us that there was a ...