I’m looking into buying a 2 flat for my 1st rental property. I do have the 20% for the down payment, but not enough for repairs. Can I get 2 loans, one from a HML and then one from a bank, and then re-fi in 6 to 12 mo...
My appraisal came in significantly lower than I expected (only a 5% increase from the value the property was appraised at 4 years ago, in spite of values generally increasing 40-50%). Looking at the report, the apprai...
As many of you know, we were building new spec construction in the coastal areas of Orange County for the past 4-5 years, and had the opportunity to build some beautiful homes. My husband unexpectedly passed away a ye...
Hello! My mother-in-law passed away 8 years ago and left us (wife and her brother) a house at the beach. She did not leave a will and my brother-in-law was named executor of her estate. He has left the property in h...
Hello BP!Alright I have many questions about this potential deal! First I'll go through and just shoot the info and Analysis, this is my first analysis so I'm sure its rusty. This deal is for my Mother and would be he...
I'm about to close on my first out-of-state rental property investment when I received an email from the Title Insurance Agent that I need wire the closing funds to avoid delay. The email had my property details and r...
I am looking for recommendations on basic software for tracking expenditures, purchases, and deposits for a realestate investing LLC which I recently formed. I have been using Wave for a couple of days and, while the ...
I have a short sale approved for $335,000 until September 22 2014 for a property in long island NY. Title came with a big surprise of 10 million dollar judgment... and the bank now has a sale date for September 16...M...
Has anyone successfully convinced a Bank (specifically BoA) to accept a non-arm's length short sale? If you have, what steps did you take and documents you submitted?
Thank you.
I own 8 properties with a partner and were looking for guidance:We want to find an easy way to track our spending so when tax time comes around we will know exactly what we spent rehabbing each buy and hold rental pro...