I am trying to make an offer on a triplex, however, I need a pre-approval letter to make the offer? Is this typical?
I am having issues with my DTI, as I have a seasonal rental already, on top of our primary reside...
Thanks for the info provided to my previous questions; it's been a big help. I have a couple more questions about self-directed IRA/LLCs.
- It looks like my wife's parents are not defined as disqualified persons; s...
Father passed and left me properties- two of which were bought as a second home. I'll be renting/managing these as vacation rentals. As I now need to move these out of his name I'd like to put them in an LLC, but my ...
My wife and I have been approached about a property for sale that isn't on the market yet. It is located in North Carolina. The property contains two separate structures (Single Family Homes). One is the "primary hous...
Hello all,This is my first time posting here. I've been a realtor for five years and just recently got into flipping. I'm in the middle of renovation of my first project. The contractor I'm using came as a somewhat tr...
Hello all,Newbie here. My brother, father, and I are all interested in real estate investing. Ideally, we would all purchase an investment property together. However, it seems that even though we'd all be 33% owners w...
This one is rather complicated, but I'm looking to acquire a duplex from my Father-In-Law. He owns the duplex free and clear and holds title. He wants to roll those proceeds into a piece of land.
Where it gets compl...
Hi guys,Wanted to get your opinion on a situation that I am in. My parents (father) took out a reverse mortgage approximately 5 years ago and have accrued about $160k in total. The net worth of the house is worth $275...
I have a sticky situation that i need help with. We own a condo in Minnesota that we rented out to a man 5 years ago. He is on a month to month lease. He is married and used this to stay at during the week while he is...
Hi there! I'm an investor from Brockton, MA and I wanted to share some details about my first foray into house flipping. I currently own and rent a condo and have equity in a 4-unit commercial building with my father...