I've been considering purchasing one rental property in california. I've heard some recommend buying several properties out of state for the price of one property in california? what are your thoughts? Which would you...
My business partner and I have a Mobile Home Park under contract in Tuscon, Arizona.The bank is completely done with the property they want nothing to do with it. We had it under contract at $300,000 with about $40k ...
I have a good friend to whom I'd like to give some good advice.He was recently let go from a job (of 25 years) where he made $50,000 and had the exclusive use of a nice house. As severance he has a guaranteed salary p...
A relative owns multiple vacant lots (zoned for SF, between 0.2 - 0.5 acres) that were purchased at the bottom of the market in 2011, all for cash. He is at the point of evaluating what to do next. He can either sell ...
Hi AllI have a tenant who is self employed and she just started her business, since it is difficult to establish her income, she offers to prepay 3 month in advance for a 1 year lease. So she will put down 1st 3 mo...
Here is what my mortgage company is offering. Refi no cash out:30 yr fixed2.99%No appraisal$5,900 closingMonthly: $3,204Refi $50k cash out:30 yr fixed 3.375%No appraisal $15,600 closing Monthly: $3,586here is what's c...
I want to start an LLC in the state of South Carolina does anyone know what to put on the application so there is proof that three partners formed it ?
If I have a group of people looking to invest into one deal, how would we go about setting that up? Should there be a trust? What if the group can only come up with part of the money? Then we would go to a hard money ...
Looking forward to learning from you all!
Hi,I'd like to get some insight from experienced people here on what you would do in my situation. I am focused on rental properties.Right now, I am on an intensive "saving" period.I'm 26 and I recently moved into an ...