Mark Spidell
FHA Flip Rule
This FHA 90 day flip rule certainly causes confusion.I am getting conflicting info of which date to go by as far as the acquisition date to use for this time measurement. My deed is dated as of 6/10/16, which gets me...
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Foreclosure auctions
Hi all. First off, thanks in advance for any info you can offer.
I am located in California and just learning about foreclosures. Here's an example property I need help understanding.
Condo for sale: auction pric...
Kevin Ciabatti
newbie questions
Ok so I have done lots and lots of research and have come down to a few conclusions,
1. anymore info and i'm gonna info overload myself before I actually do it, I need to just do it and keep learning once I take acti...
Account Closed
Using an Option Contract?
Can someone tell me or show me how to use an "Option Contract" to get properties under contract?
Jason Powell
Can RE professional take passive syndication losses?
I classify myself as a real estate professional and understand what that means. I own rentals directly. I invested in many syndication deals in 2019 that generated over 100k paper net losses. Can I write this off agai...
Sean Crean
Roth Ira
I have a Roth Ira, and I was thinking of using some of my contributions for a down payment.I know you make withdrawals if your are a first time home buyer, which I did for my Condo.But I also understood that you could...
Sunny Burns
How do you label your units addresses on a quadplex? A,B,C,D?
So we are about to close on our first property and it is a quadplex. Its an REO, so can't really ask how they used to do it. The property is also a little unusual because it has two seperate duplexes on one lot, one i...
Aaron Thompson
Brrrr Strategy ( Need Help)
I am in the process of reading the brrrr strategy book and I'm having trouble understanding how a person still has equity after they refinance. Lets say I get private money to fund a deal which is purchased for $75,0...
Larry T.
Do you name your 4-plex?
Do you give your small multi-unit rentals (in our case a 4-plex) a name? with a sign?
Just curious if anyone does this and what benefits vs any potential negatives might be.
Also, if you do, how do you come up with ...
Caleb Whitney
Only one offer. Why?
In one area that I live the SS's are getting numerous offers. I mean like 10. If I'm working with a Realtor to send me leads and I'm the ONLY offer for the property, isn't that going to raise eyebrows with the lende...