Kyle Grimm
Will Dodd-Frank effect me if I want to sell 3 homes OwnerFinance?
As stated in my subject line, I have three single family homes I would like to sell with owner financing over say a 5-10 year period. Does anyone know how the new Dodd-Frank lending laws will effect me?
Andrew Kusuplos
Mortgages,how many can I have?
Folks,talking with some possible lenders and they all tell me I can have only 4 under investment properties?Thought I read on here that that is no longer the case?HELP!Thanks!Andrew.
Robert Whitelaw
Going Co-Op or Splitting Duplexes, Tris and Quads?
Howdy all,I was reading Risk Game by Francis Greenburger last week and I got to thinking about the strategy that really started him off to becoming a real estate investing billionaire. He took multis and turned them i...
Account Closed
Would you rent to this tenant?
Let’s say you had a potential tenant apply to rent one of your properties. Great income at 4.7 times the monthly rent, stable career track with consistent promotions every couple of years, liquid savings equal to 18 m...
Stefan Hirniak
LLC loans impacting DTI
Hi BP!Hope everyone is doing really well. I am buying a new construction primary in May and hoping for some advice prior.I have a relatively high DTI due to 7 other other conventional loans and my broker advised that ...
Stephanie Boggs
Tax implications for private money
This is my first year using private money to fund my flips. Do I need to send my private money lender a 1099? Do they send one to me? Thanks for the help!
Robert Tucker
House Hacking Question - Split Level Ranch
I recently purchased the split-level ranch that I was renting the bottom half of. The former landlord (now my tenant) plans on moving in a year or so, and I realized that I may have an issue that needs crafty marketin...
Russell Fugitt
Drop and Swap (removing a partner from my 2 partner LLC)
I have called several QI's and my lawyer, talked to my accountant. Each call I make gets me a different answer. My 2 member LLC is going to sell the only property we own this month. My partner does not want to rein...
Alice He
Process for Tenants in Common
Hi!I'm planning to purchase real estate with my boyfriend as tenants in common, since purchasing through an LLC is complicated with his visa status.Does anyone know what the process is to become tenants in common? For...
Ken Lou
How to protect yourself as a landlord?
Hi everyone, I'm a new to this and I have a single family rental home. It's built in 1950s and a lot of the things in it are not up to current code, for example, windows in the living room and a huge piece of glass, u...