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My brother and I are investors in Illinois looking to purchase a multi family with one of the occupants being our parents. Since they will be living there, could they buy the property and put it in an Illinois land ...
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We have a tenant on month-to-month lease in Lacey (Thurston County). He is unable to pay his rent for the month due to spouse's job loss. The spouse has found the job, but they don't have resources to pay for the curr...
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Tomorrow morning I will be signing closing documents on my first property! Since I am overseas I will be signing at the legal office on base with just the notary. With no one there to answer any questions I might have...
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Hi all, I have a fourplex in Lafayette that I am planning to sell. I moved out of Colorado. One strategy is to sell on the market, second is to do Subject to/ seller Finance. Haven't done Subto / seller finance but my...
Considering a personal loan to an individual for a real estate investment. The request is a loan with an interest of 12.5% paid annually x 2 years. After two years the initial loan amount is returned. Seems straight f...
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Knowing what to budget for when buying a home may feel intimidating — but it doesn’t have to be. By understanding the costs you may encounter upfront, you can take control of the process.
Here are just a few things e...
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Hello all! This is my first experience creating a note on a sale. I have a $600k property in Austin, Texas that has a house on it that is used as a daycare. I want to offer a first lien for about $250k to an investor ...
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So my buyers agent who helped me with my first home purchase in August was my Aunt. I found the deal off market as a for sale by owner, she helped a ton and only charged 1% to help me out. After learning so much from ...
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Hello All, I’m trying to buy a triplex for $600k. Owner has a mortgage of $300k @3.375% and will carry $100k @ 2% if I put $200k down. Owner wants ballon payment of total balance in 12yrs. Current rents total $3500 mo...
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Hi.
I have 4 rental properties financed through 3 different mortgage companies. 2 of the 3 told me today that they would call the mortgage due if I transfer the property to an LLC.
I am waiting to hear back from the...