Dana Regan
Can one of my LLCs loan my other LLC money?
I currently have an LLC for my consulting business (not real estate) and want to loan my real estate LLc money for purchase and renovations. Is this allowed? Or do I need to make a disbursement to myself to fund the...
Adam Purden
Would you do a 1031 Exchange if you were in our shoes?
I am in escrow on a condo we are selling for $380K. We have had so many HOA plumbing/pipe issues over the years and we are just tired of the headache. After three major water remediation and renovations, we are over t...
Marshall Holmes
My strategy so far and my question.
I am in Fort Hood Texas and I was looking around to buy and hold a duplex as an owner occupant in Killeen, Harker Heights, or Copperas Cove. I am going to use my VA loan so I won't have to put anything down and I was ...
Donald Roy Scott
Need advice on purchasing off market properties without an agent.
I found what looks like a great deal on 2 off-market turn-key SF properties. I am residing overseas, so I can’t physically see the properties. Is it best to have my agent walk through them or coordinate a licensed i...
Dan Swanson
Sketchy lease issue I just ran into
Summary...
I have tenants (good credit and have been easy to work with) that have been living in one of my properties for 2 years as of June. Prior to the recent lease end, I contacted the tenant to work on ...
Josh Sterling
Verifying expenses and income for 34 unit building
This would be our first large multifamily deal. (large to me at least). After viewing the property in person we are interested in proceeding with an offer.
I know that the building was purchased for cash by the curren...
Neil C Stark
Airbnb or long term rentals for duplex.....
Hello Investors,I purchased a duplex in which to house hack with my family. The units are a 2 bed, 1.5 bath and a 3 bed 1.5 bath, all newly renovated with high-end appliances. We rented out the other side on a 1 yea...
Jeffrey Stasz
Help with potential client
Hey all, Could use some help from some more experienced folks on the board: A potential client came through Houzz with 3 projects. All three projects are no where near the stage where a contractor should be involved a...
Braden Downs
Why I wish we hadn't purchased our first home
I vividly remember looking out of my bedroom window at the gleaming Devon tower in downtown Oklahoma City. We had just finished moving in and my wife and I were still caught up in the glam of living downtown. Our 725 ...
Tim Ivory
Are HML Upfront Commitment Fees Normal? (1stcapitallending)
I am rehabbing my parents property as my first rehab project. 180K is left on mortgage and 45K in renovation costs with an ARV of 450K. I am applying for a renovation loan only for 60K.I found a lender (1stcapitallend...