I was refinancing a property. The appraisal noted that we didn't have proper egress and that it was a safety issue. She noted this for a reduced price in her appraisal and also for selling. I checked with the city and...
Hey guys, So we all hate turnovers. But, long term tenants aren’t necessarily great either. Personally I’ve never really cared about turnovers, I’m a DIY landlord and contractor. It gives me an opportunity to do a rea...
Regarding Florida Real Estate:
Can a property go in a trust if it is mortgaged?
If so, who needs to be on the loan document/property title/trust? Can the trustees be people who are not on the loan or title (e.g. m...
Want to invest in a multifamily home. Have enough to pay cash for triplex but interested in investing on a 4 unit complex. What do you recommend? Triplex $415k. Apartment $750k. Which one would you buy? Rent is close ...
I recently moved to a home i was going to flip but decided to keep and make it my primary. I have a conventional 30 year loan on the old house(lived there for 2+ years) and private loan on the new one for now. Anyway,...
I have a mortgage on a property that was missed by the title search purchased by a law firm on behalf of their client. The client subsequently bought the properties then sold them to another buyer. My mortgage was p...
I have a savings and checking account for my llc, and each property, all under the same banking app. I also have a separate mortgage account for each property. When you add the accounting into all of this, it’s been q...
Hi all!
Background:
I currently am a junior in college who is taking an internship opportunity this upcoming spring with an accounting firm in Dallas. I am currently living in a house in my college town my parents o...
I'm trying to understand the 50% rule when it comes to houses that need work. I think the best thing to do would be to spell out the deal I have now and let people offer their input. I have a single family home under ...
If I buy a property "subject to" from a seller in Preforeclosure. I make up the back payment of $7500. What if the seller then files Bankruptcy? What protects me, if anything, from loosing the property and cash?
Is ...