I’m working with a wholesaler who needs to do a double close on a residential property so referred me to a commercial lender. The commercial loan terms are reasonable except I dislike the 5 year balloon. If the proper...
I own a duplex in my name only. I also own other properties in my LLC, which is comprised of two other unrelated partners. Can I quit claim deed my duplex over to my LLC, and have my partners pay me directly for 2/3 v...
Trying to BRRR... I am purchasing a distressed home with cash from a private investor. I can purchase it under my personal name or through my LLC. My goal is to get the home (after the reno and refinance) under a 30-y...
I have rental property (1-2 units) and need to convert to LLC! The main problem is that if I convert to LLC then i have to payoff to the current lander. Do you know any mortgage comp or lander that can mortgage/refina...
Deal All, I would like to hear from investors who've had mold problem in their rental properties and the experience of remediating these problems. I have a family staying in one rental property for a little over five ...
Property in Los Angeles County is free and clear of a mortgage but delinquent on property tax this year. Property may be subject to probate as father passed away but children are slobs and house is falling apart due t...
Is there anything I should know about a property before investing in the tax lien of it? Should I find if there are any other liens on it? Or am I safe to just invest on any over the counter liens because it’s backed ...
in a subject to, would you buy the house where the homeowners owe 150k and the house is worth 100k, BUT, it produces you $300 cash flow each month? Would it be worth it? The tenant would be paying the loan, no?
Hi all,
I lived in my rental property for a couple months while making repairs. When it comes to deducting these expenses for taxes, do you know what the rule for this is? Are there any resources you can direct me to...
I'll be closing on the sale of a rental home on 1/2/20, and will incur around $15k in long term capital gains taxes on the sale. Do I need to pre-pay the IRS some taxes, or can I wait until April 2021 when I file my 2...