Ruben Ramon
Listing or Sales Contract
I have a standard short sale contract my attorney drafted for me. I used it with a couple who were all excited about the help I was giving them. My plan was to wholesale the property pursuant to my successful negota...
John Nisewonger
Prorated rent requirements
So renting out my single family again and I have a couple qualified applicants. Just coming across some things that I havent had to deal with yet. My previous tenants moved in the first of the month.So I charge $925...
Davey Rowe
Can I qualfy For a 3rd Mortgage?
New to this site, and I’m not sure if I'm posting in the right place. I own two houses, both single family. I have to move for work in the next year and I was wondering if I would be able to qualify to buy a third pro...
Matt Blutowski
2nd deal
By the end of the day, I think I'll have an accepted offer on a duplex in a trendy part of town. The building has three units, though it only has occupancy for two units. The property needs some work before it can be ...
Matt Blutowski
My 2nd deal
By the end of the day, I think I'll have an accepted offer on a duplex in a trendy part of town. The building has three units, though it only has occupancy for two units. The property needs some work before it can be ...
Benjamin Sussman
Unfinished basement: To duplex down or turn into a third unit?
I have a two unit brick building in logan square, Chicago that I’m house hacking. I have a soon to be empty 3bd/1ba first floor unit and an unfinished basement that I can either turn into a separate 2 bed one bath bas...
Tim Loughrist
Zoning Issues Re: Converting Duplex to Triplex
I own a duplex that has a crumbling foundation. In an ideal world, I'd replace the foundation and, in the process, make it possible to put a third unit in the basement. However, it is only zoned for single family or d...
Anthony Angotti
Serial House Hacking, Underwriters
Hello,I currently have two duplexes that I have lived in and kept. Both are on conventional owner occupant mortgages and I will have lived in each for a year minimum once I close on a new property.I am looking to move...
Matt Keller
Realtor LLC tax question
I'm a realtor in California. I recently filed an LLC to save money on self employment taxes by creating an S Corp. The LLC should be done in around 20 days. I have two transactions that have just closed and a third on...
Alexander L Gulledge
Question on leveraging assets
Hi All,I recently secured my second rental property using a HELOC and now I'm thinking about my next purchase. I've heard of folks using the equity in their rental properties to purchase additional properties and I'm ...