I am considering moving a mobile home from one lot to another in a mobile home community within the city of Edmonton, AB. The new lot has existing utility infrastructure and have had a mobile home in place before. I...
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There were changes made to this issue w/in the last couple years. They concern being able to transfer a title into an LLC w/out the due on sale clause being enabled to be exercised by the lender.
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Investment Info:
Large multi-family (5+ units) fix & flip investment in Oakland.
Purchase price: $450,000
Cash invested: $1,500,000
This project involved renovating an old commercial building in ...
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I'm wondering about using the rule in 26 US Code 190 to expense, instead of capitalize, costs to improve accessibility, whether it's ramps, widening doorways, etc. The code states I have to make an election to make th...
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A newbie question here but I'm having trouble finding this information clearly spelled out somewhere: What exactly happens when a 2nd lien is established on a property? Does the borrower now pay two separate mortgag...
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Below is the thorough analysis of my recent BRRR deal. Let me know your thoughts:Buy:- It was an off-market property, and the asking price was $232,500- My hard-money lender said he'd finance 80% of the as-is property...
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I have a lot of questions regarding notes. Like in all things. I want to make sure that whatever I do, it is on the up and up. So with that said I wanted to know the following. In a recent discussion, the following wa...
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Hi Bigger Pockets,I super appreciate your time and help here.I have a really difficult tenant in my house. On Friday I posted a 3-day comply and pay or vacate notice. He had not paid rent and had modified the proper...
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My buyer insisted that I hire an attorney for the assignment of contract.
One of my potential buyer spoke highly of an attorney and so I retained that attorney.
Currently we are under attorney review an...
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Hey all,I'm moving to a new area for work in about 4 months. I'll be there between 2-4 years. I'm planning to do a live-in flip on an SFR and to help me with making mortgage payments while I live in the house, I want ...