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Hi everyone!First time poster. Really love all the knowledge in the forums!Me and my SO are in the process of closing on our first duplex in the Chicago south-side area and going through the home inspection. We plan o...
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I am currently closing on a package of properties bringing my unit count to 10 for 2016. I will definitly have a real estate accountant file my taxes for 2016. That being said I only had 2 units and my w2 job for 2015...
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Hello All,
I've been doing flipping for about 3 years now and always payed cash. I will be closing on a single family house soon which I received a loan from a 2nd tier finance company. The mortgage officer who ...
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For anyone out there doing subject-to deals in Austin, are you doing closings at a title company, your lawyer, seller kitchen table or some other option?
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It would be so unthinkful to get rid of it ,seems like the anxiety with the buyers trying to scrape for the purchase before the deadline is ona rise...and am sure since it had given such a tremendous jump start to buy...
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I'm set to close on 2 rentals this month. I got a preliminary HUD sheet from lawyer. Under the 1100 lines for Title Charges, 1101 "Title services and lender's title insurance" is filled in. 1102 "Settlement or closin...
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I've been thinking about this forever and finally moving forward into REI. I'm at (checks notes) step 1.
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I am reading J Scott's book on House flipping, and one of the comments in the book when he discusses examining the roof is as follows:"South and West faces of roofs are generally most prone to wearing out, so these sh...
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Hello,I was looking at a deal doing some analysis including some Hard money calculations with refinancing after a year. I am 80% sure that I am doing something wrong here. I am using the BRR calculator and the number...
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I have a house in Toledo, Ohio that I’m trying to get over the line with section 8 inspection.My contractor (who I know and trust) did significant work to ensure the house was up to code.The first scheduled inspection...