Jessie Rowe
Having a storefront in a primary residence
Hi there, We're subdividing our primary residence into a 4-unit multifamily, which is allowed under our zoning and terms of our mortgage. However, we live in a tiny town (not Denver but town is in Colorado) and our pr...
Konrad Lightner
Comparing Lenders for Best Deal
Hi All,What are some of the qualities that I should use to compare conventional lenders? A friend of mine, said to get these to compare.Good Faith EstimateInterest Rate APRBank FeesRight now my wife and I are on the ...
Kevin Means
Best way to prepare while waiting for closing on a flip.
In the process of purchasing my first flip with two partners whose first flip this will be as well. I was wondering while waiting to close on the house, what do you do to prepare. First thing I will do is make sure ...
Ivan Jouikov
REO Weird Addenda?
SO i have an REO property under contract and apparently the seller's agent sent us some forms that we're required to fill out as a part of "standard bank procedure." My Realtor said "sorry I don't know what they are" ...
Steve Neuman
Capital gains on insurance settlement?
Hey guys!
Long time listener, first time caller!
I have a tax/capital gains/ insurance settlement question:
I bought a duplex 3.5 years ago with a conventional mortgage. Owner occupied one side, rented out the othe...
Michael Stobo
Renting out basement for self-storage
Has anyone rented out their basement for self-storage? What type of storage lockers are you using? Are you building rooms with drywall/doors or just wire mesh pre-built cages and what is the optimal size? Do you have ...
Christine Prelaz
Private Lending Due Diligence
Hello - I am looking for a due diligence checklist and/or advice for private lending (as the lender). Thanks!
Stephanie Crawford
Easiest HELOC right now?
I need to pull out about 100K from my personal residence for a project. I just started an application with Bank of America, which is where I do my banking, but damn, they want a complete application with records on al...
Dwaun Elam
Need the finer points of Wholesaling Subject 2
I received a lead about a property that sustained major damage. The property has two mortgages a 1st valued at 81000 and a 2nd at 14000. The property now is no longer worth the 95,000 that is owed on it due to the dam...
John Weiss
Indemnification Clause in PM Agreement
Looking to hire a PM was going over the agreement. Saw this and it kind of concerns me that basically im on the hook for any stupid thing they do. As a General Contractor when i manage a site im used to being the one ...