Alex Alaniz
FHA cost on recent closing
Just sold house for145k it appraised for exactly that. After closing fees, Commission, I netted $29,400 which the title company screwed up and told me 31k just the day before...annoyed at this point.I bought another ...
Matthew Hall
If I sell my home subject to existing financing can I get new mortgage right away?
I have a home that is worth about what is owed and have been approached by a subject to investor who would be interested in taking over the mortgage. I want to move because the house is too small and no longer meets ...
Natalie Schanne
HOA Lien after buying Sheriff's Sale / Foreclosure - New Jersey
Has anyone bought a condo or town home in New Jersey subject to an outstanding HOA Lien? I am considering buying a sheriff's sale / foreclosure property at the courthouse steps at the foreclosure auction for the under...
Patrick Torres
Albuquerque Fourplex BRRRR
Investment Info:
Smull multifamily / Fourplex
Purchase price: $105,000
Fourplex that had been vacant & boarded up for several years, there was significant water damage due to a roof leak & vandalism.
What ...
Theo Anderson
Sell @ 350K or C/O - Refi and start a Rental Empire?
Investment Info:
Condo buy & hold investment in Austin.
Purchase price: $199,900
Cash invested: $40,000
This property was something I stumbled into when reconnecting with my partner C.J. after be...
Demetrius Crisco
Clear title?
i bought a property about 6 months ago from county auction, when I got the certificate of title there were no mention of leins. Does this mean that the property was wiped clean of all debt when it was sold to me at au...
Forrest H.
Property Deed Changed to LLC
I'm looking for experience shares for anyone who has quit claim deeded a property to an LLC after a conventional mortgage has closed. How soon after the mortgage closed? Did you transfer ownership to the LLC? Did you...
David Bray
Flipping - Quickbooks - Opening entry and getting it on the books
Hello,Just starting with my first flip.....FINALLY! I have set up J Scott's chart of accounts and will use asset class to track each property's income/expenses. I am not quite sure how to book the initial asset. I wan...
Steven Binder
Strategies for Collections after Eviction
I am wondering if anyone has tips they can share for how to collect from a tenant after eviction. Tenants are eager to get an eviction off their record and landlords are allowed to agree to having an eviction recatego...
Sarah M.
I bought a house! Now how do I get the money out to BURRRR it?
Hello! Thanks to you guys I just purchased a rental property in Minnesota! It's a SFR bought for 60k cash. It appraised for 90k. My questions are: 1 - What are my options to get the money out to do the BURRRR method?...