Omer Husain
Harris County Texas Auction
Hello,Anyone going to the upcoming Harris county auction on October 6th? This will be my second auction that I will be attending, so I am still in the observing/learning stage, but would be interested in meeting othe...
Dylan Johnson
IRS Lien three owners back- How to proceed?
I purchased my first flip property in Columbia SC that was sold by Richland county for back taxes owed. The county advertised it in the local paper(the paper also posted to their website) in Nov 2012 and sold it to a ...
Andrew Yu
How to Structure this Lease Option
Just came across this deal yesterday. The house is worth about 120K, still owes 116K, and has 29 yrs left on mortgage. Monthly PITI is around $850, can be rented for $950. As you can see, it's a low equity, low cash ...
Jonathan F.
How to structure a loan from a friend for duplex/ADU?
I recently bought a small house (my principal residence) in a hot Portland neighborhood with hopes of making it a legal duplex by converting the basement to an apartment. Let's say this costs $100K to do properly (sou...
Howard Salpeter
buying multi-family in bankruptcy
I have a contract on 21 unit property, now in feasibility period. The seller is in bankruptcy & trustee has approved the deal. The seller has been difficult & has not provided the requested due diligence mater...
Aaron Ta
Refinancing owner-occupied property within 1 year
I bought a place in November 2019 as an owner-occupied property in California and I intend to convert it to a rental after 12 months of living here. However, my mortgage broker just presented to me a great refinancing...
Julio Gonzalez
Example of Cost Segregation Study on Donut Shop
If a Cost Segregation Study had not been performed on this $989,700 donut shop located in Chester,Virginia that was purchased in 2016, it would have had first year depreciation of approximately $25,300. Thanks to th...
Sean Peabody
Refinance after quitclaim deed
Hello,I have a question on refinancing a home. I'm in the process of a subject-to the existing mortgage deal. I will have a quitclaim deed done and the house will be in my name. Is there a waiting period to refinance?...
Luisa Trigo
HELOC Interest Only Fixed Rate
Hello,I am looking for a HELOC, 10 year draw period, interest only, at a fixed rate. All I am finding is variable rate OR fixed rate for a HE Loan repayment principal plus interest. Aiming to use the HELOC to cover th...
Andrew Starck
Notice to Vacate Language in Lease
Hey guys! What kind of language do landlords/property managers use in their leases with regard to tenants having to provide Notice of Non-renewal (minimum of 30 days out from lease end, for example), whether or not t...