Aaron Fisher
Splitting Up Property
Hello,This question goes out to anyone in the Central Virginia area. I am seeing a lot of property for sale that has 4+ acres. What I was wondering is if anyone knew what goes into splitting up a property so that a po...
David Silber
Would adding a partner trigger the 'due in sale' clause?
My mortgage broker claims that adding a partner to my deed (without removing myself) won't trigger the 'due in sale' clause.
Does anyone here have any experience with (or knowledge of) such a situation?
Glenn Wedekind
LLC's and storage facilities...what is best way to set it up ?
Just made my first deal and close on the 29th of December of an existing and fully occupied storage facility in Tampabay Florida comprised of two 7000sf buildings and 48 garage doors total. I have prior landlord exper...
Ben Chapman
Seller not meeting obligations of sales contract
So I purchased a rental property from a wholesale company. The SFR is in Memphis TN. Part of the deal was that a tenant would be in place at closing. The asking price was 88,500. Long story short, the appraisal was fo...
Chris Mooney
Inheriting Property & 1031 Proceeds
Hi all!My fiancee is inheriting proceeds from the sale of a large family commercial property. She's on the llc as an owner, so she'll be able to 1031 her portion into another rental(s). She's looking to inherit around...
Gregory Washington
Looking to buy out siblings in a probate situation
My mom passed in January. I am looking for a lender who can help me buy out my siblings. We will get roughly 65k each but the banks and underwriters are in the way! Any suggestions?
Robert Woodyard
SFH Flip - Delton FL
Investment Info:
Single-family residence fix & flip investment in Deltona.
Purchase price: $180,000
Cash invested: $38,000
Sale price: $309,000
Contributors:
Jose Betancourt
J...
Rick Eicon
Non recourse loan and hard money lenders
When using a self directed IRA and one only has a portion of the RE purchase price and needs additional financing non recourse loan is required. Looking at hard money lenders it appears they are primarily only for fli...
Josh Cotton
Worst house in the best neighborhood
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $225,000
Cash invested: $80,000
Sale price: $375,000
This home was a foreclosure, and the home was a disaster. ...
Phoebe Hodges-Carter
Charging different Security Deposits for the type of Renter
I'm a new property manager and have a house listed on the market to rent. I suggested to the homeowner that we charge one months security deposit for section 8 renters and one and a half months deposit for non-sectio...