Khalipa Oldjohn
What does property sales instrument code OR and CD mean w/r/t a vacant lot purchase?
Hi, so I won a tax deed at an auction for a vacant lot but I am trying to determine if there are a bunch of leins on it. The last few sales codes say CD, QC, OR, OR. I know QC means Quit Claim but what does OR mean? A...
Chris Thomas
Eviction of a MTM tenant without cause.
I am in a 50/50 partnership over a duplex in Idaho. My partner and I are not married but have been together for 8 years. We bought the duplex and rented it out to two of my childhood friends. My partner is now sleepin...
James Lee
Home Sale Gain Exclusion - Qualification When Transferring Title
Hi,My parents recently transferred their paid-off primary residence (SFH) to me via quit claim deed. My original intent was to rehab the property, hold it out as a rental and open a HELOC on it to access the equity. H...
Jacob Zivanovich
House Hacking Partnership
Hey there,
I'm almost ready to purchase a house hack and have found some good deals right off the MLS. Trouble is that I don't yet have long-term employment in place (just moved to the area a month ago). I really wan...
Andrew Boykins
Lending for Tax Break
I am a part time real estate investor who does buy, rehab, refinance, rent. I have a bit of an odd question I haven't been able to figure out. I have someone looking to invest but they are more interested in a tax b...
John Mullen
Financing advice for first-time co-investors?
Hi all, I'm a first-time investor looking for rental properties (BRRR/buy-and-hold) in Columbus, OH. My business partner and I are seeking the best way to apply for conventional loans on future investment properties....
Lorenzo Harkins
Profit Sharing- How to Keep your lender proected
Does anyone have any contracts or have any guidelines they go by when profit sharing with a new private lender? I have a meeting with a private lender and we wanted to go over some other ways we could be funding Fix/F...
Angela Thach
Do I really need a syndication?
I have 2 investors that may cover about $5 million of the costs. They'll likely be private investors since I'll be GP. Do I really need syndication? I don't think so right? Is there anyway around this? I'm thinking ju...
Joel Douglass
Looking for Advice on Structuring a Deal
BP Family - long story short, I am working on trying to structure a deal on a 25 unit mobile home property. It's not a mobile home park. Each mobile home is on it's own separate piece of deeded land. The property is ...
Bruce M.
Question regarding fair share in an LLC
I don't post much if at all here on this forum but here goes. Myself and my sister want to set up an LLC where we are in it 50/50. Starting out, I'm sure we are going to have to look at owner financed deals or simpl...