How soon could I refinance this and if I did would I always have to replace that $500k equity? Would I be able to refinance more than 70% LTV on this property in near future?Can you convert to your own residence in th...
Hi,If I am going to partner with a contractor for renovating a house and splitting profit half way, what are some of the things that must include in contract? He is a contractor and has much more knowledge and me I gu...
Hi everyone. I recently acquired a duplex. On one side, one of the tenants that has been there for many years has slowly filled up his living room, one of the bedrooms, the basement and the ENTIRE garage with stuff. I...
Investment Info:
Single-family residence buy & hold investment in Margate.
Purchase price: $30,000
Cash invested: $15,000
The property is a 2/1 (half duplex) with a large Florida room which can b...
The November 2022 report from the Austin Board of Realtors shows the Austin metro market continuing to cool in response to high inflation, mortgage interest rates around 7%, and a possible recession in the US. Overall...
I am working on a deal with a partner to build a duplex where the equity is split 50/50, basically he gets one unit and I get one unit. lets just say for simplicity that we can built it for $100,000 and have no note o...
I know that in residential sales, the seller usually pays the commission. However, on loopnet I see a lot of listings that mention a "commission split". Is this customary for commercial transactions? Buyer and Seller ...
Hey BP, I recently closed on an investment property where I inherited tenants.One of the tenants tells me that he can only pay every 2nd Wednesday of the month, because that’s when the VA pays him.He’s current lease s...
I am interested in a property where the half bathroom is not recorded anywhere. It seems to be an un-permitted work done by the previous owner, but everything in that half bathroom works fine. What to do with this unr...
Hi gang!I have a few questions regarding executing a 1031 while selling a house-hacked duplex. If you're a 1031 professional dispersing advice to attract clients, please have at it!I'm going to simplify the numbers, b...