I'm under contract on a SFH that I plan to buy and hold long term. Close is set for April 15th. The inspection is done and the repairs identified in the inspection have been addressed. Appraisal is done. Now with ...
Though many of us have collected rents in April, now that May 1st is rolling around and a lot has happened in April (with stimulus checks, the SBA PPP program, EIDL, unemployment etc) and also all sorts of information...
So, this question I get commonly from those not in the RE game. "How many properties do you own now?". I really dont like this question, as it makes me uncomfortable. Not a problem if coming from a fellow investor;...
Hey guys! Excited to say that we just closed our first deal on a duplex, yesterday. 75k total loan. FHA. $850 /mo mortgage with P&I + escrow. We will be house hacking.I need help with the following: We want to buy...
I want to start wholesaling, but I don't have too much money for marketing. I have a little background in internet marketing, so I built a squeeze page for Cash buyers and advertised on craigslist. I do not yet have r...
Hello,
I rent with two other roommates in a 3 bedroom, North Carolina. We all signed a one year lease. A sixty day notice is required before the one year or we get charged an additional two months rent. I and the ot...
Is it possible to do a 1031 on a partnered property if the new property is the same split? Can you use some of the proceeds for the down and some for the rehab? 1031 is new to me. I have never done one.
I have a SFH rental property. In January, we informed the tenant (a "friend" of ours) that we were going to sell the house. I then sent someone out to appraise it, who said the house was "appalling." Since then, our t...
Hi,
my business partner and I are investors in the Philadelphia metro area and have some ongoing brrrr's as well as flips. We're still relatively new to the game even though we have a few projects under our belt. Ou...
Hello:I am trying to find statutes that allow a lender to hire a third party RMLO and not be licensed themselves.I found a statement from HUD on it in this document:https://mortgage.nationwidelicensingsystem.org/SAFE/...