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Trying to close a deal on a rental condo in a complex that has too many investment properties to do conventional financing. Our lender is saying we can get financing if we designate this as a "second home", for financ...
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One of my friend told me today that his bank didn't finance when his property is in series LLC and he had to move the property to a standalone LLC to complete the financing. The reason from the bank is they didn't wan...
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Why do we still need to fill out a separate application and pay an application fee for every house we want to apply to live in? What would it take to get a service where I fill out an app once and it will forward my a...
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Good morning crew. I have a question. I have heard of the owner financing route for purchase. I have a rather complex situation where the current condition of the home is preventing closing. With that said, we are pur...
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I have heard that its a possibility to put your rental properties in a land trust. Once you do this you would be able to create an LLC and put the land trust into the LLC. This would prevent the bank from calling th...
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I've identified a property that was given back to the USDA a few years ago via warranty deed to prevent foreclosure. Since that time, USDA has not paid any property taxes, so I expect it to come up on the tax foreclos...
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I was put on a quick claim deed to my parents home. It is paid for and had no financial obligations or tax benefits. Would being on the deed in California prevent me from claiming as a 1st time home buyer to financial...
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Is it usually a good idea to file a memorandum of contract after I get a property under contract with a seller?
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Is anyone tearing down homes and putting up Dadus in Las Vegas like how they are doing in seattle? For example: Tear down a home in a 5,000 sqft lot in the middle of a neighborhood and rezoning it as a condo to build ...
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I hope y'all have a great day/weekend of celebration. I have rest and recreation planned, but a prospective commercial tenant wants to negotiate a lease and move in fast. I'm sure some of you are working, too. Not to...