“The market may not feel any different from yesterday, but the Cromford® Market Index for all areas & types has just slipped below 90. This means we are officially declaring a buyer's market.”
That was the Novemb...
A family member is in hardship and considering a short sale.
First loan from ASC is $271162.40 and second loan is from Ocwen
at $68,126.28. I would like to bail him out and is willing to pay 76%
of $340,000 balance. W...
Hello All, I landed a single-family deal in Upton ma. The property is in great shape one of the best in town, no repair is needed, renovated in 2018. Valued at around 900K, trying to get it for 700K-750K by assuming a...
I live in one unit of a triplex which I own (i.e., House Hacking). Both this property, and another property that I own are in a single member LLC, of which I am the sole owner. Because I have been staying for "free"...
Hi,
If I buy a apartment doing a seller carry back, how do I explain to the seller how they are protected if they carry a 2nd position note subordinate to the bank?
The example scenario would be if I bought a $1M pr...
We took a home equity line of credit out on our personal residence, and used 100% of the funds to buy 3 rental properties. My first question is whether the interest deductibility is subject to the 100000 loan limit. ...
Hi Everyone! Close relatives buying rental property together but one person (myself) will be the operator with down payment help from family members. I'm curious on how best to structure this approach: Who owns what, ...
Question. So we have identified and signed a P and S for a new property to be constructed by July 1, 2024 with a drop dead completion date of Nov 1,2024. I spoke with the realtor selling my relinquished property yes...
Hi, After few months of rehab on a duplex I was ready to rent both units, and just a few days after I listed each unit for rent my pipes burst due to the cold weather leaving both units significantly damaged. I was wo...
Hey yall! I just closed in 2 multi family properties this month totaling 18 units. I need to open account to put security deposits in. Does this account have to be a "trust account" or can it be any non interest beari...