Angel Garibay
What are the ins and outs of a 203k loan?
I am very interested in the idea of a 203k loan but I do not know much about them. So for example I am looking at a property that it about 300k and would need about another 300k in rehab costs. Would a 203k loan even ...
Dan Wells
Legal document that gives right to purchase?
I am in TX, I want to lock in a commercial property with a private seller, he doesn't want to go the traditional route of selling outright just yet, due to the property having items of value that need to be sold first...
David Thibodeau
FHA and Foreclosures help
Hello my name is Dave,I recently got approved for a duplex in the amount of 170000, but its a little hard in my area of woonsocket ri. I was looking at some foreclosure properties, and the realtor trying to tell me I ...
Michael A.
Looking to talk with people who have had success with rent to own
Rent to own or lease options was recently brought to my attention after watching a video by Kris Krohn on YouTube. I would like to learn more about it. From what I understand, you buy a single family property and stru...
Dan Miles
Screening undocumented immigrants
How do you all screen illegals for a rental property? They have an ITIN but no social. Can I ask the police to check for something?
Bert Isidore
Vacant Land Purchase
Hey Guys,I found 9 acres of Vacant land I want to purchase. I have contacted zoning and planning to see if I can do with the land what I want (good there). What other due diligence items should I look into before I pu...
Joel Fechik
CPA/RE tax expert out of state owner question.
I have a client looking to sell a multifamily property in CA. She is an out of state owner and resident of PA. When she sells she'll have to pay federal and CA taxes on the sale, but will she also have to pay PA taxes...
Davin Kieff
Renovated Duplex, First Investment
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $268,000
Cash invested: $16,800
This was my first investment. I was very nervous about jumping into a fir...
Jordan Hamm
Help with Newbie Rental Calculations
Wondered if I could get some more experience REI eyes to look over my numbers. Something doesn't seem right—am I really not going to make any money?I'm looking to convert my current home (7 yrs old) into a rental.Curr...
Henry Li
Real Estate TAX Deduction
With the new tax law, our primary residence mortgage interest doesn't have tax advantage anymore to my understanding. I however own other investment properties , and there is one that is actually paid off. Would it ma...