I found a good deal and I'm about to put it under contract. Is it necessary to put down earnest money or is there another alternative?
Hi All,I signed a promissory note secured by a single family home that a real estate investor intended to flip. The real estate investor has advertised on this site, and continues to advertise joint ventures and priva...
For those who care, the city council in Westminster -- just northwest of Denver -- is starting the process of regulating short-term rentals. Airbnb is currently illegal in the city. (Or technically, the city's ordinan...
(This is not a due on sale clause question.) It's common practice to deed a property out of then back to an LLC during a refinance process in order to get better loan conditions. I'm considering this, but nervous abou...
I have a question regarding LLC partnership buyout tax implication. I'm making a simple LLC scenario for easy discussion.The LLC has three partners A B C. LLC did real estate development project: it bought a land and...
I purchased my first tax sale certificate and would like to know if it’s 100% necessary to use an attorney to foreclose on the property? I’ve done my research and honestly feel I can handle the process on my own. What...
There is a exemption I read to the FHA 90 day house flipping rule:- Presidentially declared disaster areaThe United States as a whole is currently a declared disaster area? Does that mean the 90 days doesn’t apply cu...
A family friend is selling their storage units that produces an income of $4800 with 2 acres of raw land. Numbers: Asking price is $750000Taxes = $460/moInsurance = $140/moIncome = $4800Scenario:Family friend is willi...
Hi everyone, I was notified by my loan company that they made an issue 4 months ago when closing and they put down my personal name instead of my business name for the signature. They would like me to sign a new docum...
I'm in a pickle and maybe you all can help me out. I'm currently listing a mixed use building in the town I live in. I can't say much about the owner because he's my client but I want to buy his building. Numbers work...