FHA 203k loan in Fort Lauderdale any lenders ?and certificate license contractors for 203k ?
What will be tax consequences for borrower of rental house giving property back to lender through deed in lieu with following situation.(1) Lender issue 1099C , No deficiency judgement.(2) Lender don't issue 1099C , N...
Hey all!So, I've got 7 rentals at the moment, all leased out, going well, profiting about $2,500 a month net. My original plan was to take the profit, plus $1,000 a month of my own, and pay down various debt (Car, cr...
Hello BP,
I currently live in California. I recently came across a property that is a probate auction. I'm new to investing and wondering if any knows of any reasons why this is not a good idea to invest my time in. ...
Good morning everyone. Has anyone done a 203k loan on a 2-4 unit? Especially in the north east? Suburbs of Philadelphia. Looking for good lenders in the area. I've done a lot of research and feel that this is my best ...
Hello BP! This is my first post here, so please forgive any faux pas.I am investing in a new build with second home financing. It is a 3 bed 3.5 bath townhome in an area zoned for vacation rentals - the entire communi...
I have a 6-unit multifamily property under contract and all the numbers are looking good. I want to fund the deal with a self directed SOLO 401k set up for my real estate business. Unfortunately, the IRS restricts SOL...
I have several rental properties now and having been sharing what I have been doing with my friends and colleagues. Several of them have expressed interest in investing with me but I am not sure the best way to struct...
Greetings BP,
I have submitted an offer on a somewhat strange property. It is 2 SFRs and a garage apartment all on one lot. Fully leased with gross rents at $2000. As such, the seller is asking what would seem to be ...
So we hear so much about rehab funding. I have always used cash for rehab but it's all tied up now. What I'm finding in my search for this gem I hear of, is that all lenders, private or otherwise, want me to have a ...