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Hello everyone,I am trying to get started in real estate investing in the next several months. I live in Central Jersey and am currently finishing up my schooling to become an RN with my BSN. I want to house hack in C...
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I am thinking of pursuing this avenue. I just want to make sure it is legit to present a transactional funders POF letter, and do a double closing with these types of properties as I understand they keep the EMD no ma...
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Hello! We are considering 1031 exchanging one of our long-term single-family rentals here in Kansas City for a short-term rental condo in Myrtle Beach. I'm nervous though about getting rid of our cash flowing long t...
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I've had a few tenants whose leases ended in Nov or Dec which was a bad time to try to get new tenants.
Going forward I wanted to end leases in Feb rather than those months to avoid those months so maybe something l...
Hello Everybody!Happy to be here. This seems to be where the wealth of real estate information is located! Currently live in Los Angeles, CA working as an engineer in Aerospace. Planning to move to the Denver, CO area...
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Has anyone here ever defaulted on an SBA 504 loan. How is it dealing with Colson's Servicing? Did they attempt to enforce the personal guarantee? Was bankruptcy required?
How about a short sale? How was that handled?...
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Hello,
New here and looking for some advice and following through with a vacation townhome.
In Feb of '21 we put some earnest down on a new townhome that had a complete date of Spring '22. That got delayed a few tim...
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So I found a way to avoid the double transfer tax by utilizing 1. an option contract 2. a notice of option contract and 3. an option termination agreement instead of a purchase agreement with the seller. You act as ...
I have a wedding planned for the end of March. I want to get a personal loan in order to pay for it. I make $58,000 a year. I don't have any car payments already paid my car off. I pay $875 and rent. My credit score i...
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The Basics:*Already have enough saved aside (Very, very, lucky financially, but somehow unlucky about everything else in my life) for 4yrs of college, with a year & a half under my belt already.*(No College Expens...